Cybersecurity

Technology is an enabler of most (if not all business operations) today. Businesses, just like people, are embracing simplified tasks thanks to the internet of things, artificial intelligence, edge computing, and similar high-calibre technologies. However, as the thirst for simplified and enhanced operational obligations grows, so too does the threat landscape. The question on whether…

Third-party service providers are key contributors in every business ecosystem. Particularly, IT service vendors that keep your systems and network running, secure, and compliant. Recent data by the Information Services Group (ISG) found that IT services constitute 75 percent of global outsourcing contracts. Over the years, businesses have come to rely on third-party providers for…

Lately, cyber has been repeatedly crowned among the top risks facing businesses. Organizations are building up their digital presence more than ever. This hasn’t gone unnoticed by notorious hacker groups and other threat actors. Malicious players are constantly looking for ways to steal valuable intelligence and take financial loot to the detriment of both small…

As businesses move away from traditional brick-and-mortar work cultures and embrace more efficient hybrid work models, important questions have been raised regarding the security of IT infrastructure. Long gone are the days when leaving cybersecurity-related duties to IT departments sufficed as a cybersecurity strategy. As more organizations realize an increased dependency on IT, concrete cybersecurity…

Cybercrime has been on a steady growth trajectory at least since the beginning of the decade. The past few years have been particularly rough on small businesses that have had their data ransomed, stolen, or sold on the dark web. Large organizations aren’t off the hook either when it comes to cyber crime. Take the…

CIOs navigate through a complex labyrinth of new technology and challenges invoked by a surge in diversified business IT demands. Today, the habitual adherence to an outdated culture of adopting the latest tech sums up the average business’s IT playbook. But when it comes to network monitoring, many IT experts would agree that this primeval…

In less than a decade cyber liability insurance quickly jumped from “nice to have” to “need to have”  – and for good reason. Businesses are eternally exposed to cyber risks, in this case, ransomware, downtime, virus attacks, to more sophisticated AI-backed attacks. Cyber liability insurance protects against the risks brought forth by such threats. But…

Cyber liability insurance – or cyber insurance – is a relatively new type of insurance policy that gained traction in the 90s, when cyber issues grew rampant at an exponential rate. Still, only 40% of SMEs have standalone cyber insurance coverage despite its many benefits. As expected, cyber insurance policies have come a long way,…