Cybersecurity and Fraud Protection
How Ransomware Infects and Cyber Insurance Protects
Learn how criminals trick employees into downloading ransomware and why cyber insurance may be one option to help cover costs if your organization falls victim.
The attack shown in the video above is a simulation, but the threat of ransomware is a real and growing concern for organizations of all sizes. However, this malware doesn’t find its way onto IT systems by intuition or magic. In most cases, an employee or other privileged user inadvertently lets it into an organization’s network by clicking a malicious link.
Given the increased prevalence of ransomware attacks, sometimes security protocols and internal best practices aren’t enough.
A Guide to Cyber Insurance
In addition to activating your incident response plan, conducting security audits and strengthening controls, many organizations choose to purchase a cyber insurance policy. These policies are separate and distinct from general liability policies, which may exclude cyber events. But what is cyber insurance, and what should you consider before purchasing a policy?