Ransomware threats and cyber insurance
We recently blogged about industry events that Huntsman Security attended during September, and a survey we ran regarding challenges faced by attendees when it comes to ransomware and cyber insurance.
We have analysed the survey results and produced a paper to summarise the outcomes.
Here is an overview of the interesting findings and emerging insights:
- Over half of the respondents saw an increase in the cost of cyber insurance premiums due to ransomware
- One quarter saw cyber insurance cover limited or refused unless adequate controls were in place
- 30% of respondents report “bad” or “average” visibility of their ransomware risk exposure
- 70% of businesses have taken steps to improve their ability to prevent, detect or recover from a ransomware attack
For details on Huntsman Security’s security analytics, ransomware or cyber security posture solutions please contact us. Alternatively, there is information on our website at:
https://huntsmanphp7.flywheelsites.com/products/smartcheck-for-ransomware/
