Tony Chiappetta’s Post

💻 Cyber attacks are a growing threat, and insurance agencies are especially vulnerable. Beyond the ransom payments, the true costs include prolonged downtime, hefty regulatory fines, and the lasting damage to client trust. In our latest blog post, we break down the hidden costs of cyber attacks and explore why businesses need to shift from "Detect and Respond" to "Isolation and Containment." 🚨 Understanding these risks is the first step toward safeguarding your organization. Let’s work together to build awareness and resilience against these challenges. Read the full blog post here 👉 https://hubs.la/Q02-HQnd0 📢 Let’s discuss: What steps is your organization taking to mitigate cyber risks? #Cybersecurity #CyberAwareness #InsuranceIndustry #BusinessProtection #EndpointSecurity #IsolationAndContainment #AppGuard #AppGuardistheAnswer #DataProtection #CyberResilience #StaySecure

Cyber incidents and threats are a continuing and growing risk for businesses of all kinds. Tom Pangbourne, Rachel Auld and I have recently written an article on the topic. We take a look at the types of incident a business may face, the first party insurance coverages available, and the positive steps that policyholders can take in response, now and/or at renewal of their cyber policy. Have a read of our note via the link below: https://lnkd.in/eD5z-XDm

💻🔒 In today’s digital world, no business is too small to be targeted by cyber threats. MiniCo’s partnership with Jencap provides agents with tailored cyber insurance solutions to help clients protect against modern risks like data breaches and ransomware attacks. Don’t let misconceptions leave your clients exposed. Learn more about debunking common cyber insurance myths and how to keep businesses safe! https://lnkd.in/eWkdvVAy

Good news for businesses! Cyber insurance rates are dropping as companies enhance their security measures, says a recent report. This trend reflects improved cybersecurity practices across industries, making insurance more affordable for businesses of all sizes. Stay updated and ensure your business stays protected against cyber threats! Interesting read: https://lnkd.in/e7dJurkT #CyberSecurityNews

🔒 Did you know? Boosting your business's security isn't just about peace of mind. Insurers link premiums to your security measures – from penetration tests to staff training, every step impacts your costs. ⚠️ Stay ahead of threats by taking proactive security measures. Waiting for an attack is risky – act now. 🔐 Discover how enhancing security can lower cyber insurance expenses: https://lnkd.in/dcZz7G9y 🚀 Secure tomorrow by acting today. Seize control of your cybersecurity to reduce insurance costs. #CyberSecurity #Pentesting #SecurityAwareness #Compliance #CyberInsurance #EthicalHacking #BusinessSafety #ProactiveSecurity #DataProtection #NIS2 #ProtectYourBusiness #CybersecurityTips #Sectricity

With the increase in cyber threats, is investing in cyber insurance a smart move? 🤔 Dive into the key aspects that may influence your choice in Softcat's newest blog post. Check it out here: https://okt.to/gnrdSI

Insurance providers have a hand in organizations #cybersecurity postures as they set prerequisites for policy purchases, and incentivize teams to make improvements, David Jones reports in Cybersecurity Dive. “Raising the minimum bar is always criticized by experts as not going far enough, yet we have seen time and time again with requirements like PCI-DSS, slowly improving the minimums incrementally having the desired effect over time,” Chester Wisniewski says. Learn more: https://bit.ly/3YdgA4r

Cyber insurance premiums are decreasing globally as businesses enhance their cybersecurity measures, such as multifactor authentication and staff training. Despite a rise in ransomware attacks, improved IT security and backup systems have made companies more robust, reducing the frequency of insurance claims and driving down costs. Did you observe the same? #CyberSecurity #BusinessSafety #CyberInsurance #DataProtection #Ransomware #ITSecurity #BusinessNews #TechTrends

🌐 Cybercrime is set to cost $9.5 trillion globally in 2024 and cyber insurance often falls short, covering only 63% of costs on average. At Softcat, we believe proactive security is a better investment than relying on insurance alone. With services like Managed eXtended Detection and Response (MXDR) and Managed Sentinel, we help organisations detect and respond to threats early, strengthen resilience, and reduce financial risks. Don’t wait for a breach—get ahead of the threat. 💻 #CyberSecurity #ThreatProtection #Softcat

Are you protected against cyber threats? Stay ahead of potential risks with cyber insurance! Safeguard your business and assets from data breaches, ransomware attacks, and other cyber risks. Connect with us to learn more about the benefits of cyber insurance for your organization. 👉🏻 https://smpl.is/9p1nb #cyberinsurance #insurancecoverage #cyberpolicy #cybersecurity #ransomware #ransomwareattack #insurancebrokers #commercialinsurance #insuranceadvice