Successful entrepreneurs’ story
Learn from the successful entrepreneurs and find their career advice and guides to start your own career path.
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Cyber Insurance Can’t Do it Alone: Attention to Fundamental Security Practices Provides the Necessary Protection Against Disasters
On the surface, cyber insurance seems like the perfect solution for dangerous times. Ransomware attacks surged dramatically in 2022, accounting for a quarter of all breaches. So, if your company does get hit, at least you have a way to recoup some of the losses you incur on your bottom line. But for those looking for a quick fix to a growing problem, cyber insurance has its shortcomings. For one, it’s getting prohibitively expensive. The protection it offers doesn’t address the issue of how you got hacked in the first place and how you can stop hackers in the future. And it doesn’t secure your data or keep it available.
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Is cyber insurance a must-have?
The frequency and severity of cyberattacks have dramatically increased in recent years, leaving businesses and individuals vulnerable to financial loss and reputational damage. As technology continues to advance and with the ever-present threat of cyberattacks, this has led to a growing need for cybersecurity insurance.
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Data protection in the cloud: 3 best practices
The “Global DataSphere” is exploding in size. IDC predicts that by 2026, the amount of data in the world will have doubled again. While most enterprises have digitised their operations, they continue to add more strategic workloads and create more and more data. So, as the amount of data enterprises have to deal with grows exponentially, moving to the cloud based on an elaborated strategy offers significant benefits like scalability, flexibility and cost-effective storage.
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