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    Blue Tech Wave Media
    Home » Resilience launches new cyber risk tools
    cyber resilience
    cyber resilience
    Fintech

    Resilience launches new cyber risk tools

    By Yun ZhaoMay 7, 2024No Comments2 Mins Read
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    • Following the launch of technical errors and omissions in March, Resilience is now offering two new products: The essential solution for cyber insurance and the edge solution for cyber risk management.
    • Vishaal Hariprasad, CEO of Resilience, said that Resilience’s customers are not only able to more effectively avoid losses but also more proactively assess and mitigate risk through its rising standards of cyber resilience.
    • Forecasts show that the cost and complexity of cyber risk will continue to increase, while ransomware attacks remain a global threat to organisations.

    US-based cyber risk solutions company Resilience has launched two innovative cyber risk tools in its latest cyber insurance package, designed to help customers effectively mitigate losses caused by cyber-attacks.

    Also read: What is cybersecurity risk management?

    Resilience’s new cyber risk tools launched

    Resilience, the US-based cyber risk solution company, has introduced two new cyber risk tools to its cyber insurance package, in a move to help its clients reduce losses from cyberattacks.

    Following its launch of technology errors and omissions in March, Resilience is now introducing two new offerings: The essential solution for cyber insurance and the edge solution for cyber risk management.

    By integrating the new capabilities into its offering, Resilience hopes to enable enterprises to continuously monitor and prioritise their mitigation and transfer of cyber risk. It hopes to do so with newly integrated features that build in loss prevention at no extra cost for policyholders

    Also read: How to measure cybersecurity risk?

    Addressing increasing cyber risks

    The current cyber environment is volatile and Resilience is committed to raising the bar on cyber resilience, said Vishaal Hariprasad, CEO of Resilience.

    Forecasts show that the cost and complexity of cyber risk will continue to increase, while ransomware attacks remain a global threat to organisations. According to new research from cyber risk firm NetDiligence, both the average ransom demand and the average incident cost have been soaring since 2018.

    With these new capabilities, Resilience hopes to enable organisations to continuously monitor and prioritise cyber risk mitigation and transfer.

    cyber risk tools
    Yun Zhao

    Yun Zhao is a junior writer at BTW Media. She graduates from the Zhejiang University of Financial and Economics and majors in English. Send tips to s.zhao@btw.media.

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