Tag: cyber

Manufacturers are now hackers’ favorite targets

Manufacturing was the industry most targeted by hackers during 2021, accounting for 23.2% of incidents, according to IBM Security X-Force research. The sector edged out insurance and financial services by a slim margin. IBM…

Data breaches increased 38% in Q2

During the second quarter of 2021, data breaches increased 38% in the U.S. compared with the prior quarter, according to the Identity Theft Resource Center (ITRC). If the volume of breaches continues on its…

Business Income + Cyber Insurance: Cautionary Tales and Lessons Learned

How much revenue could your company afford to lose if one of your key vendor’s system goes down? How much revenue could your company afford to lose if your own systems failed? One month of…

Can a business forgo a cyber insurance policy?

Though the cyber insurance market in the U.S. is currently valued at more than $7 billion, it is forecast to reach more than $20 billion by 2025. Considering the increase in cyber-attacks just…