Companies are getting smarter about cyber incidents ...Middle East

Cyber incidents against companies have roared back after a slowdown last year, but one thing that’s different is fewer companies are paying ransoms because they’ve learned the importance of having multiple system backups that are separate from their network, Matt Ross of insurance brokerage Marsh McLennan said in a webcast. “You’re able to restore your system faster,” said Ross, national cyber claim leader at the brokerage. That puts your company in a better position to negotiate with threat actors because you know you can be up and running again, he said. “You can negotiate at the same time” you’re working to restore your system. “Take your time, as long as you’re not completely down.”

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Last updated : 16 Nov 2023 clock 11:48 PM

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Companies are getting smarter about cyber incidents ...Middle East

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