CYBER RISK INSURANCE A Resource Guide for Actuaries

May 27, 2019

According to the 2018 Allianz Risk Barometer report, cyber risk is the No. 1 concern for risk managers in the United States. It is a risk that impacts everyone—from individuals to small businesses to large Fortune 100 corporations. As the world continues to become more digital, and more people, organizations, and the devices that they own become connected, the risk of cybercrime will continue to rise. The number of “internet of things” (IoT) devices—estimated to number roughly 20 billion in 2018—is projected to grow rapidly to over 70 billion by 2025, increasing the attack surface and providing attackers with additional opportunity to carry out large-scale attacks. As a result of the global digitization and the increasing capabilities of malicious cyber actors, the costs of cybercrime have continued to rise, and are estimated to have topped $600 billion in 2017.

Spotlight

Anchor Technologies, Inc.

Information Security and Risk Management Consultants helping clients reduce risk and maximize compliance. Over the past decade, our seasoned security and risk management professionals have been helping clients of all sizes, across a wide-range of industries, manage and secure their electronic data and network systems to reduce risk and maximize compliance.

OTHER WHITEPAPERS
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Supercharge Your DLP Security Program

whitePaper | December 22, 2022

Today’s digitally transformed organizations handle vast volumes of data that is at perpetual risk for loss and leakage, either intentionally through data breaches or unintentionally through employee errors. With cybercrime damages expected to reach $10.5 trillion annually by 2025, 1 organizations must protect their threat surface holistically.

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C2 Password Security White Paper

whitePaper | November 24, 2022

In recent years, the necessity to create and maintain dozens or hundreds of online accounts with logins and passwords has become more and more prominent, especially with remote work on the rise and internet usage at an all-time high. Nothing is more secure than making sure that every one of your accounts that you create is using a unique or randomly generated password, but where do you keep track of all of these passwords, and how can you ensure that your password security is up to par?

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Log More to Improve Visibility and Enhance Security

whitePaper | September 29, 2022

As the amount of system log data grows exponentially, security teams and threat hunters routinely must limit how much they can collect and how long they can store it because of the performance limitations and costs associated with traditional log management tools.

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White Paper on Cyber Security Securing Video Surveillance Devices to Close Network Vulnerabilities

whitePaper | February 19, 2020

We live in an increasingly connected world, where more and more devices and systems are networked and shared with other systems. Convenience is a main driver behind this trend, as people have come to expect the ability to connect to and control devices and systems anywhere, anytime. However, there is a downside to the unprecedented level of convenience provided by the growing number of networked devices, namely increased security risk. Because each device is an endpoint for networks, they introduce the potential to become entry points for hackers and others with malicious intents. In fact, in many of the most high-profile data breaches that have occurred recently, hackers were able to access corporate networks through POS, HVAC and other networked systems that failed to provide an adequate level of security to prevent these types of breaches.

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Check The Locks

whitePaper | October 4, 2022

Organizations have invested millions towards improved information security since the start of the pandemic, which galvanized a worldwide explosion of cybercrime. C-suites are increasingly recognizing cybersecurity as a business risk, viewing its necessity as more than just an IT problem.

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The Cyber Resilience Index: Advancing Organizational Cyber Resilience

whitePaper | June 28, 2022

The World Economic Forum Centre for Cybersecurity – in collaboration with the Cyber Resilience Index working group and in partnership with Accenture – developed the global Cyber Resilience Index (CRI). The CRI provides public- and private-sector cyber leaders with a common framework of best practice for true cyber resilience, a mechanism to measure organizational performance, and clear language to communicate value.

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Spotlight

Anchor Technologies, Inc.

Information Security and Risk Management Consultants helping clients reduce risk and maximize compliance. Over the past decade, our seasoned security and risk management professionals have been helping clients of all sizes, across a wide-range of industries, manage and secure their electronic data and network systems to reduce risk and maximize compliance.

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