Embroker’s Post

Startups are facing new cyber threats, but confidence is up. According to our 2024 Embroker Cyber Risk Index, 93% of startups now carry cyber insurance — up from 86% in 2022. Founders are opting for simplified, strategic coverage to protect their businesses and maintain investor confidence. In today’s volatile cyber environment, having the right policy isn’t just about protection; it’s about ensuring the resilience needed for growth. Are you secured in your coverage? Read the full report here: https://lnkd.in/eMBvftnn #Business #Risk #Cyber #CyberReport #RiskManagement #Report #Insurance #Insurtech

Cyberattacks are on the rise, but startup defenses are more sophisticated than ever. The 2024 Embroker Cyber Risk Index reports a spike in incident rates — with 81% of founders experiencing an attack, up from 67% in 2022. Despite this, confidence in their coverage is growing as founders adapt their strategies to stay protected. Simplified, targeted policies are becoming the go-to choice. Explore the full report to understand how founders are building resilience and what it means for the future of startup cyber protection. Read now: https://lnkd.in/edXU77_C #Business #Risk #Cyber #CyberReport #RiskManagement #Report #Insurance #Insurtech

Cyber insurance and security are the subjects of the hour and we are finally having this much-needed conversation. At Global Fintech Fest 2024, Saransh Garg, co-founder of Reco by Nova, engaged in a thought-provoking conversation with Madhusudanan R, co-founder of M2P Fintech. They explored how modern businesses face life-and-death stakes when it comes to cyber threats. Madhu, a visionary leader in the fintech industry driven by empathy, emphasised why prioritising cybersecurity is crucial for business continuity and growth. It was great meeting Madhu at GFF, and we’re excited to see him leading the charge in upholding cyber risk management as a necessity. #CyberSecurity #CyberInsurance #BusinessInsurance #InsuranceInnovation #RiskManagement #GlobalFintechFest2024

I've been seeing a huge shift lately in how many business owners and companies are viewing Cybersecurity. Instead of being viewed as a COST Decision... Cybersecurity is being viewed as an INVESTMENT Decision. Here are 5 ways that beefing up your cybersecurity can lead to positive business outcomes: 1. ⏩ Operational Efficiency including reduced downtime & streamlined operations. 2. 💵 Lowering cyber liability insurance premiums. 3. 👮♂️ Decreasing the likelihood of security breaches or regulatory fines. 4. 🏆 Securing larger deals by accessing new markets you may not have been able to enter with compromised cybersecurity posture. 5. 📈 Making your next fund raise or ability to sell your business easier. #AccessOne #Cybersecurity #CyberInsurance #MSP #BusinessGrowth #Investment

Empowering resiliency in Accounting, Banking, and Finance is crucial for long-term success. The Data Breach Defense: A prominent investment bank experienced a cyberattack, jeopardizing sensitive client data. However, the bank, which worked with a professional services client like ReadyGlobal, implemented rigorous cybersecurity protocols. These included employee training programs and advanced intrusion detection systems. This preparedness minimized the impact of the breach and ensured swift recovery. #resiliencyinfinance #cybersecurity #databreachdefense #protectingclientdata #financialservices #readyglobal #empoweringresiliency #accountingresiliency #bankingempowerment #financeprotection #cyberattackdefense #clientsafety #investmentbanking #financialsuccess Image by ruthson_zimmerman from Unsplash

Did you know? 🤔 Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth. 📈 Wondering how? 1) The company avoids potential risks from data breaches and cyberattacks 2) You can make informed decisions based on a company's security posture There's even more, Invest with confidence - Read Now! https://lnkd.in/dzgs6JNb #finance #investment #company #security #securitystructure #data #databreach #cybercrime #cyberattacks #infosec #vistainfosec

𝗖𝘆𝗯𝗲𝗿 𝘁𝗵𝗿𝗲𝗮𝘁𝘀 𝗮𝗿𝗲 𝘂𝗻𝗽𝗿𝗲𝗱𝗶𝗰𝘁𝗮𝗯𝗹𝗲, 𝗯𝘂𝘁 𝘆𝗼𝘂𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗲𝘅𝗽𝗼𝘀𝘂𝗿𝗲 𝘀𝗵𝗼𝘂𝗹𝗱𝗻’𝘁 𝗯𝗲. Zeron’s CRQ solution helps you understand the cost of potential cyber-attacks, empowers strategic decisions, and protects your bottom line. Without financial clarity, you're operating blind, a risk no business can afford. Discover the numbers that could save your business. Book a demo now: https://lnkd.in/dZ77qp-c . . #zeron #cybersecurity #cyberrisk #cyberriskquantification #quantifyingrisk #cyberriskposturemanagement #crq #crqsolution #fintech #securitymatters

27% of startup founders believe cyberattacks will have the greatest impact on their business in the coming year. As we enter 2025, the Embroker Cyber Risk Index sheds light on how startups are responding to an increasingly unpredictable cyber landscape. From the rise in attack rates to emerging threats like AI and ransomware, founders are turning to smarter, more streamlined insurance strategies to build resilience, protect their businesses, and maintain stakeholder trust. Discover how startups are preparing for what’s next: https://lnkd.in/eMBvftnn #Business #Risk #Cyber #CyberReport #RiskManagement #Report #Insurance #Insurtech

🚨 Why is DORA compliance essential? 🚨 In today’s digital world, financial institutions face constant threats from cyberattacks and operational disruptions. The Digital Operational Resilience Act (DORA) is designed to ensure that companies can withstand these disruptions and continue their operations smoothly. Here’s the difference: 💥 Non-DORA compliant companies are more likely to be vulnerable to cyberattacks, leading to significant financial losses and operational breakdowns. ✅ DORA compliant companies have the resilience to mitigate these risks, ensuring that even if cyberattacks occur, their financial losses and business impact are minimized. Is your institution prepared for DORA? Find out how we can help you become compliant and protect your business from digital threats. #DORACompliance #DigitalResilience #Cybersecurity #OperationalResilience #RiskManagement #FinancialServices #ComplianceMatters #THOTITSolutions #Luxembourg #Fintech

🔒 The Data Breach Defense: Empowering Resiliency in Accounting, Banking, and Finance 🔒 In today’s interconnected world, safeguarding sensitive client data is paramount. 💼💻 Cyberattacks pose a significant threat, but proactive measures can make all the difference. 🚀 Case in Point: A Prominent Investment Bank Recently, a prominent investment bank faced a cyberattack that risked its reputation and client trust. However, their collaboration with a tech-based consultancy similar to ReadyGlobal proved pivotal. Here’s how they fortified their defenses: Rigorous Cybersecurity Protocols: The bank implemented robust cybersecurity measures, including advanced intrusion detection systems. 🛡️ Employee Training Programs: Well-trained staff became the first line of defense. Regular training sessions ensured everyone was cyber-savvy. 👩💻👨💻 Swift Recovery: Thanks to their preparedness, the breach's impact was minimized, and recovery was swift. 💪 🌐 Industry-Wide Impact This success story isn’t just about one bank—it’s a blueprint for the entire financial sector. By prioritizing resiliency, we protect client data, bolster financial services, and ensure long-term success. 🌟 #resiliencyinfinance #cybersecurity #databreachdefense #protectingclientdata #financialservices #readyglobal #empoweringresiliency #accountingresiliency #bankingempowerment #financeprotection #cyberattackdefense #clientsafety #investmentbanking #financialsuccess