This insurance document crossed our desks recently – and we think all IT security professionals and managers should be aware of its message within:
Among the minimum measures that Cybersecurity Insurance providers expect Australian organisations to have taken now includes encryption-at-rest of Personal Identifiable Information (source: ACP).
The alternative is to pay much higher premiums – above the 113% increase already forecasted for Q1 2022 (source: AON: Cyber Insurance Market Insights Q1 2022) – or be refused cover as is expected to become more commonplace .
Our mission remains to provide affordable sensitive data discovery and masking/encryption solutions to organisations of all sizes, across all data sources and platforms. Please reach out if we can help.