Just 3% of global security leaders rate their cyber hygiene as "Excellent," according to a new report. It's no surprise, then, that 75% of those surveyed in the same report said they experienced a cyberattack in the last year.
It doesn't help, then, that cyber insurance premiums increased in 2021 by 92% year over year. One reason is that insurers kept just 27 cents per every dollar paid in a premium. In 2019, that number was 52 cents on the dollar.
What can you do as a business? You can start by improving your cyber hygiene. Not only will that help keep you safer, but it will help you receive lower premiums.
Not sure where to get started? We've put together a handy cybersecurity checklist that helps give you an overview of where your company stands in terms of preparedness.
Looking for more data? We have a free, 14-day security assessment that can show you the gaps in your security, and how we can help fill those in to keep yous after and help you become a better candidate for cyber insurance.
