Did you know that the median ransomware demand rose from $302,000 in 2022 to $600,000 in 2023? Or that cybercriminals, in some instances, access a victimized company’s cyber insurance policy and use the policy information to convince the company to pay?
In 2024, having your cyber security essentials covered is a critical necessity for every organization. With cyber crime and evolving, more aggressive attack methods on the rise globally, data protection and securing your assets have never been more important. That's why Entech, in collaboration with cyber insurance expert Alexandra Bretschneider, has created an essential guide to help you understand the complex nature of cyber risk management.
As the vice president and cyber practice leader at Johnson Kendall & Johnson, Alexandra brings over two decades of experience in managing risk for organizations of all sizes. With her expertise and Entech's innovative solutions, we're here to ensure that your cyber security is covered from every angle.
Understanding Cyber Crime Risk Management
Cyber crime is a lucrative business, costing companies billions of dollars annually. At Entech, we prioritize empowering organizations like yours with the technology and knowledge needed to enhance your security posture.
In our guide, we break down the fundamentals of cyber crime risk management, helping you understand the risks you face and providing actionable strategies to mitigate them
Identifying Cyber Threats
From ransomware attacks to social engineering schemes, there’s no shortage of cyber threats. In the guide, we discuss the most common cyber incidents, including data breaches, phishing attacks and ransomware incidents in our guide to increase your cyber security awareness.
By understanding these threats, you can better protect your organization and its valuable assets.
You’ll also discover recent cyber crime developments, including statistics on ransomware attacks, phishing trends and targeted industries.
But what about cyber insurance?
From incident management to legal representation, cyber insurance can help mitigate the financial impact of a cyber incident and ensure business continuity. In the guide, you’ll find insights into the role of cyber insurance in incident response and coverage considerations for your organization.
Partnering with Entech
At Entech, we're your trusted partner in cyber security (and not just a cloud and Microsoft 365 technology provider.) Our team of experts is passionate about delivering fast and effective IT support, helping you with ongoing cyber risk management initiatives like IT assessments.
Whether you need assistance with secureability, accessibility or recoverability, we're here to support you every step of the way.
Here’s a quick recap of what you’ll find in Entech’s 2024 Guide to Cyber Crime Risk Management:
- Insights from cyber insurance expert Alexandra Bretschneider.
- Cyber crime risk management fundamentals.
- Identification of common cyber threats such as ransomware, phishing and data breaches.
- Trends and statistics on cybercrime incidents.
- The role of cyber insurance in incident response and coverage considerations.
Don't wait until it's too late to protect your organization from cyber threats. Download our comprehensive guide to cyber crime risk management and take the first step towards securing your digital assets.
With up-to-date information and a strategic plan, you can rest assured that your cyber security essentials are covered.
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