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Cyber Insurance For Small Business: Why You Need It And How to Get Covered In 2025

LAN Infotech

This is where cyber insurance comes in. Let’s break down what cyber insurance is, whether you need it and what requirements you’ll need to meet to get a policy. Let’s break down what cyber insurance is, whether you need it and what requirements you’ll need to meet to get a policy. What Is Cyber Insurance?

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Do You Need Cybersecurity Insurance?

LAN Infotech

Do You Need Cybersecurity Insurance and Do You Qualify for It? This means businesses will be more vulnerable, especially those who do not take critical measures to mitigate cybercrimes. It will also be challenging for businesses without insurance coverage because they will incur more losses that stall their growth and continuity.

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What Is Cyber Extortion? Tips for Securing Your Data

Pure Storage

Data breaches often exploit vulnerabilities in software, weak passwords, or insider threats to gain access to critical systems and exfiltrate data. Cybercriminals exploit vulnerabilities in outdated systems or through advanced persistent threats (APTs). To fix these vulnerabilities: 1. Businesses sometimes spend upwards of $1.4

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RIMS TechRisk/RiskTech: Using Cyberrisk Analytics to Improve Your Cyber Insurance Program

Risk Management Monitor

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. As a result, it is more important than ever for companies to understand their cyber vulnerabilities and exposures so they can ensure they are properly covered. One way to do this is through analytics.

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Managing Third-Party Risk in Healthcare Supply Chains

Reciprocity

Manual vendor management creates critical vulnerabilities through fragmented documentation and inconsistent security assessments. Recent updates have introduced more stringent requirements, including mandatory encryption of PHI both at rest and in transit, implementation of multi-factor authentication, and proper network segmentation.

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Change Healthcare’s 2024 Data Breach: Key Risk Management Lessons

LogisManager

Change Healthcare, a leading provider of data analytics, revenue cycle management, and payment solutions, found itself vulnerable due to flaws in its data management practices. The breach cascaded across Change Healthcare’s partners, including healthcare providers, insurers, and pharmaceutical companies.

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Data Protection Predictions from Experts for 2025

Solutions Review

MSPs without a thorough understanding of legal obligations may find themselves vulnerable to lawsuits and significant financial losses, emphasizing the need for legal expertise in their operations. Cyber Liability insurance will increasingly require a privacy audit. These mistakes could lead to costly delays or re-dos.