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Sean Tilley at 11:11 Systems explains how to improve your chances of being insured against a cyber-breach

 

Businesses rely heavily on technology to drive operational efficiency. While this has benefits, it also brings with it challenges and risks, particularly in the realm of cyber-security.

 

Cyber-threats continue to be a persistent concern for businesses and there has been a marked surge in demand for cyber-insurance as companies recognise the importance of financial protection in the face of data breaches, ransomware attacks, and other cyber-security incidents.

 

However, as the threat landscape evolves, so does the landscape of cyber-insurance, with insurers raising the bar on their security requirements. 

 

While this is a concern for businesses that want to ensure that they are insured against potential security risks, there are a few considerations that can help improve their risk profile ahead of a potential breach or attack. Fundamental to this is cyber-resilience within the broader framework of operational resilience.

 

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