The "other" purpose of a cyber security strategy

Businesses have long relied on cyber insurance policies as a hedge against the cost of cyberattacks.

Since cyber insurance and potential "uninsurability" for cyber attacks hit the headlines last year, the MYREDFORT team have been keeping an eye on developments. In doing so, this webinar from Acronis may be of interest as it discusses how to build a cyber security strategy designed for insurability. 

The costs of a cyber attack include the loss of sensitive data, the consequences of its public disclosure by ransomware gangs, lost business from downtime and data loss (e.g., sales opportunity costs), and recovery costs from an attack.

In this virtual conference, Acronis' panelists will address the new risks and challenges small and medium-sized businesses face when qualifying for cyber insurance. Their panel of experts will share tips for overcoming these challenges, including how to:

• Keep up with an evolving cyberthreat environment bombarded by more frequent and sophisticated ransomware attacks, resulting in protracted downtime and costly data loss that can threaten their survival.
• Build a cyber defense and recovery program that will increase your standing when applying for a cyber insurance policy to mitigate business risk associated with successful cyberattacks.

Additionally, when you attend this virtual conference, you will get:

• An overview of the current cyberthreat environment, with a look ahead at how recent developments like the use of ChatGPT by cybercriminals will increase the likelihood that businesses will suffer a successful cyberattack.
• Insight from a panel of insurance industry and cybersecurity experts into the new requirements that businesses must meet, the practical steps they must take to address them, and how meeting those standards will reduce a business’s overall cyber risk exposure.
• A brief demonstration of how Acronis Cyber Protect helps businesses around the world improve their cyber defence and response capabilities, and thereby qualify for cyber insurance.

📅 Originally 17th May, 2023. Now on-demand.

▶ Watch webcast now.