Why Business must obtain Cyber Insurance today? In today’s digital world, data drives business, technology unites us, making robust cybersecurity measures essential. Yet, even with the most advanced firewalls and vigilant IT teams, the threat of cyberattacks looms large. This is where Cyber Insurance steps in as a crucial safeguard for businesses, offering a shield […]
Articles Tagged: Cyber Insurance
Key Considerations for Choosing Cyber Insurance for Your BPO Business
In the digital transformation era, businesses rely heavily on technology for their day-to-day operations. As a BPO business, it is especially important to ensure that your operations and data are properly protected from cyber threats as these have the potential to cause significant financial losses or reputational damage. India’s BPO Sector therefore should seriously consider […]
Cyber Insurance for Accounting Firms: Protecting Sensitive Client Data and Confidentiality from Cyber-crime
Accounting firms must stay one step ahead of cyber criminals in order to protect confidential client data and maintain security. Cyber insurance is an effective tool for diminishing the risk of cyber-attacks. This article will discuss the increasing danger posed by cybercrime in the accounting sector, and how cybersecurity insurance can help accounting firms to […]
Understanding the Role of Cyber Insurance in Safeguarding Banks Against Data Breaches
In today’s world, banks are in a precarious position due to the threat of cyber-attacks and data corruption. To protect their systems and sensitive information, financial institutions must take thorough security measures as technology progresses. Despite having strong protective strategies in place, there is still the risk that these can be compromised. This is where […]
Navigating Regulatory Compliance: How Cyber Liability Insurance Supports the Healthcare Industry
The healthcare sector is incredibly complex and faces a variety of unique regulatory compliance issues. Navigating the risks associated with these regulations can be daunting for any organisation. Investing in cybersecurity tools like firewalls, antiviruses, and security patches prevents incidents. Quick action can slow down or mitigate attacks when they occur. Cybersecurity Insurance in Healthcare […]
Understanding the Unique Cyber Risks Faced by BPOs and How Cyber Insurance Policy Can Help
BPO Cyber Insurance: Mitigating Risks Business Process Outsourcing (BPO) involves outsourcing services or activities to third-party vendors. It’s gaining popularity as organizations seek cost-effective ways to improve service delivery. Although these processes offer flexibility and scalability, they also bring challenges around digital security and data privacy. Addressing Cyber Risks in BPOs with Cyber Insurance provides […]
Cyber Insurance for BPOs: Protecting Client Data and Confidentiality
Outsourcing business tasks and operations to third parties is a trending strategy of many small and big companies for growth. BPO (Business Process Outsourcing) is a rapidly growing industry with a global market size of $339.3 billion in 2023. Revenue of the BPO industry in India is expected to grow at a compounded annual rate […]
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Webinar on the Importance of Cyber Insurance (SecureNow)
Cyber Insurance: Importance of cyber insurance for start-ups
While cyber crime has been a constant threat over the past decade, with advanced technology the perils are deeper with severe implications. Cyber-attacks affect all categories of web users including consumers, corporates, and enterprise giants; however, small businesses are more vulnerable and are more likely to be under a cyber-attack. They are a treasure trove […]
More Indian companies taking cyber insurance cover
Published in The Times Of India on 15th March 2018. BENGALURU: The ransomware attacks over the past two years has significantly increased Indian companies’ desire to take cyber insurance. Gurgaon-based Secure-Now, an insurance brokerage and risk advisory firm that works with companies in the e-commerce and mobile wallets space, said it saw a 200% increase […]