In recent months, the digital defenses of critical infrastructure across various industries have been tested by a surge in cyberattacks. One recent incident involved Federated Co-operatives Limited (FCL), which experienced significant disruptions due to a cybersecurity breach affecting both internal and customer-facing systems. Incident at Federated Co-operatives Limited FCL faced...
Cyber Insurance Rates Drop with Better Security
Trends in Cyber Insurance Premiums Businesses around the world are currently experiencing a decrease in cyber insurance rates, a change driven by their enhanced security measures. After a spike in premiums in 2021 and 2022 due to an increase in cyber incidents during the COVID-19 pandemic, rates have begun to...