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Preventable claims

Welcome to our latest Cyber Services Snapshot – where we explore the latest cyber trends, our claims data and what it all means for your cyber security.

Many people don’t realise that it is possible to improve your organisation’s cyber security controls simply by fine-tuning the ways that you use the resources you already have.

Quite a few popular tools and platforms include built-in cyber security features at no additional cost, and providers constantly update and enhance these features to keep pace with the latest cyber threats.

Yet because many of these features are so seamlessly embedded into larger products, and because in most cases the features are not enabled by default, they are all too often forgotten or overlooked. This becomes a lost opportunity for an organisation to improve its cyber security.

Every day, our Cyber Services team sees incidents that could have been avoided if organisations had only taken action to fully utilise the security measures they’ve already paid for.

Read on to learn more about the often underused and underestimated features that every organisation would be well-advised to leverage.

Michelle Waldron
Cyber Services Team Leader - East
Philadelphia

Quarterly data snapshot

What’s happening in the world of cyber incidents? View the latest trends in quarterly global claims data compiled from Q1 of 2021 to today.

 

"Businesses should ensure all the cybersecurity features are updated and turned on."

Devon DeFreitas
Client Experience Manager
New York, USA

The information set forth in this communication is intended as general risk management information. It is made available with the understanding that Beazley does not render legal services or advice. It should not be construed or relied upon as legal advice and is not intended as a substitute for consultation with counsel. Although reasonable care has been taken in preparing the information set forth in this communication, Beazley accepts no responsibility for any errors it may contain or for any losses allegedly attributable to this information. Non-insurance products and services are provided by non-insurance company Beazley affiliates and independent third parties. Separate terms and conditions may apply.