Protecting Your Organization with MDR
When faced with unrelenting cyberattacks, many organizations turn to their insurance company to cover their losses. However, not all organizations are adequately protected. Recent research found that over 40 percent of U.S. businesses had either no cyber insurance or limits of $1 million or less, which may not adequately cover the cost of the average cyberattack. In response to the increasingly frequent and more severe cyberattacks, particularly ransomware attacks where criminals demand a ransom to restore access to networks and data, some insurance companies faced mounting losses related to their cyber insurance policies and abandoned the sector. Others reduced coverage, increased premiums, or amended policies to include more stringent risk-mitigation requirements.
There are several ways a prospective insurance client can demonstrate proactive cybersecurity. One method is to partner with a cybersecurity managed services provider that offers 24/7/365 managed detection and response. Another is to employ such proactive security offerings such as Arctic Wolf’s Managed Detection and Response, Managed Risk, Managed Security Awareness and Incident Response offerings.
Join us at JK O'Donnell's for a discussion on 24/7 Managed Detection and Response.
Lunch sponsored by Arctic Wolf
West Wayne Street
Fort Wayne, IN
USA
Directions
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