Basic measures no longer enough to protect organisations against cybercrime

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“Diligent, iterative risk management is the key means by which organisations, large and small, can keep the threat at bay,” Crowther said.

In a new Agile white paper outlining the risks and identifying solutions, Crowther advised organisations to implement four key factors:

  • Continuous cyber awareness training for employees;
  • Multi-factor authentication, which Crowther identified as one of the most effective ways to protect against unauthorised access to information and accounts;
  • Sophisticated data back-up procedures; and
  • Advanced endpoint protection.

“Cybercrime is big business. And it’s not just big business that’s at risk. Hackers, spammers, bots, and malware – including ransomware – are a threat to the integrity, availability, and confidentiality of all digital information,” Crowther said.

Agile released the white paper to increase brokers’ knowledge on risks, identify solutions, and help brokers outline the issues to their clients.

Crowther revealed that the pandemic, particularly the continuing trend for offsite workforces, has prompted increased due diligence for underwriting cyber…

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