Hello 2020! At the start of a new year, you will often hear many people say “Bring it on, 2020”. Certainly we may be thinking that in our personal lives, but when it comes to cyber risk, are you really ready to “bring it on?”
Are you ready for a data breach that exposes hundreds, thousands or millions of sensitive records?
Are you ready for a cyber attack that can bring your entire network down for hours, days or months?
Are you ready to defend your company in response to a lawsuit that arises right after that data breach that exposes hundreds, thousands or millions of sensitive records?
Are you ready to respond to a ransom demand?
How will your company pay its ransom demand?
Are you already backing up your data, daily and off-site?
Are you ready for a cloud security exploit?
Are you ready for the California Consumer Privacy Act (CCPA)?
Are you ready for Artificial Intelligence (AI) Powered/Automated Cyber Attacks?
Are you ready for 5G?
Are you ready for a cyber physical attack?
Are you really patching and updating as you state you are?
Are you ready for all of the new evolving trends and attacks that will emerge in 2020?
Are you ready for all of the attacks you don’t know you need to be ready for?
Finally, are you ready to buy a cyber insurance policy?
Regardless of who you are, or what happened to you or your company or organization in 2019, with a new year and new decade finally here, we are all given a clean slate. You can either create your own destiny and take the steps to ensure you reach it and mitigate any risks you can or you can let others create your destiny for you.
Let’s remember and not forget, Facebook user data leaks, Capital One breach, First American breach, Citrix Systems breach, American Medical Collection Agency (AMCA) breach, the Texas, Florida, Louisiana city ransomware attacks, the Quest Diagnostics breach, Canva hack, DoorDash hack, Chinese hacks, Russian hacks, Iranian hacks, North Korea hacks, Georgia Tech breach, and the many, many others that were reported, went unreported, and were not yet discovered.
Indeed, the year 2019 proved to be a fruitful year for hackers with millions of records stolen, medical data leaks, and credit card data theft.
The year 2020 will topple 2019, due to the emerging technologies in development and the unlimited cyber risk exposure that all companies are exposed to, whether ready or not – are you ready to “bring it on, 2020?”
When cyber security fails, and it will, cyber insurance is your next best defense in helping ensure that you’re ready to respond. With a cyber insurance policy in your arsenal, you’re then ready to respond “bring it on, 2020” much more confidently. Indeed, the year 2020 must absolutely be the year you bring on cyber insurance.
If you’re ready to bring it on and buy a cyber insurance policy, we’re ready to assist you.