Cyber Insurance: An Ineffective Way of Dealing with Hacks?

237353911550270611_1366810626.jpg

“In the long run, insurance, while it might mitigate the cost of a single catastrophic loss, is not an effective method of dealing with cyber breaches,” said cybersecurity expert Alan Calder, the founder of international cybersecurity firm IT Governance Ltd. 
He explained that while insurance may seem a good short-term means of reducing the cost of data breaches, coverage does not make you any safer; it merely provides a cushion for when you inevitably fall.
A much more sensible approach to addressing cybersecurity risks involves improving cybersecurity throughout the organization in order to prevent breaches in the first place, rather than spending on increasingly costly premiums.
This is why more and more organizations throughout the US are implementing the internationally recognized cybersecurity standard ISO 27001. ISO 27001 sets out the requirements of an information security management system (ISMS), an enterprise-wide approach to information security that addresses people, processes, and technology.
With their unique combination of standards, books, toolkits, software, training, and online consultancy, IT Governance’s packages provide US organizations with all they need to implement the Standard and ensure their cybersecurity.
Ein News:  http://bit.ly/1DSE6T0

« Can the United Nations Improve Cybersecurity?
US Healthcare: Data Breaches Are Increasingly Common »

ManageEngine
CyberSecurity Jobsite
Check Point

Directory of Suppliers

Directory of Cyber Security Suppliers

Directory of Cyber Security Suppliers

Our Supplier Directory lists 8,000+ specialist cyber security service providers in 128 countries worldwide. IS YOUR ORGANISATION LISTED?

MIRACL

MIRACL

MIRACL provides the world’s only single step Multi-Factor Authentication (MFA) which can replace passwords on 100% of mobiles, desktops or even Smart TVs.

The PC Support Group

The PC Support Group

A partnership with The PC Support Group delivers improved productivity, reduced costs and protects your business through exceptional IT, telecoms and cybersecurity services.

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

Practice Labs

Practice Labs

Practice Labs is an IT competency hub, where live-lab environments give access to real equipment for hands-on practice of essential cybersecurity skills.

Leonardo

Leonardo

Leonardo (formerly Finmeccanica) is a global high-tech company in Aerospace, Defence, Security & Information Systems including Cybersecurity & ICT solutions.

AppRiver

AppRiver

AppRiver is a global provider of cloud-based email and web security solutions that protect businesses worldwide from today's ever-changing online threats.

Devo Technology

Devo Technology

Devo Security Operations is a next-gen cloud SIEM that enables you to gain complete visibility, reduce noise, and focus on the threats that matter most to the business.

PROMIA

PROMIA

PROMIA is in the business of providing solutions that are designed to support highly secure, reliable, scalable and interoperable business applications.

CLDigital

CLDigital

CLDigital's no-code risk and resilience platform, CL360, provides leaders with risk and resilience data to make strategic and tactical continuity decisions.

SystemExperts

SystemExperts

SystemExperts is a premier provider of IT compliance and cyber security consulting services.

White Cloud Security

White Cloud Security

White Cloud is a cloud-based Application Trust-Listing security service that prevents unauthorized programs from running on your computers.

US Fleet Cyber Command (FLTCYBER)

US Fleet Cyber Command (FLTCYBER)

US Fleet Cyber Command is responsible for Navy information network operations, offensive and defensive cyberspace operations, space operations and signals intelligence.

Anonomatic

Anonomatic

Anonomatic’s mission is to make data privacy secure, simple and cost effective. We are Data and Privacy Experts who are passionate about helping organizations solve PII compliance.

European Cybersecurity Competence Centre (ECCC)

European Cybersecurity Competence Centre (ECCC)

The ECCC aims to increase Europe’s cybersecurity capacities and competitiveness, working together with a Network of National Coordination Centres to build a strong cybersecurity Community.

Sitehop

Sitehop

Sitehop is a cybersecurity technology company developing and supplying FPGA hardware-enforced cyber security solutions for networks.

Security Compliance Associates (SCA)

Security Compliance Associates (SCA)

The sole focus of SCA is safeguarding critical information and complying with information security regulations.

LevelBlue

LevelBlue

LevelBlue simplify cybersecurity through award-winning managed security services, experienced strategic consulting, threat intelligence and renowned research.

Harmonia Holdings Group

Harmonia Holdings Group

Harmonia Holdings Group was born in 2006 with the vision to bring innovation and change to the federal IT sector.

Prismo Systems

Prismo Systems

Prismo provides a unified platform to secure software development across the entire SDLC and deployment on any cloud or on-premises infrastructure.

Basalt

Basalt

Basalt provide qualified consulting services in information security, personnel security and physical security.