As published in Digital Insurance, “Navigating Breach Recovery Costs to Slash Inefficiences”
As published in Digital Insurance, “Navigating Breach Recovery Costs to Slash Inefficiences”
This article was first published in Digital Insurance on February 12, 2025.
The cybersecurity landscape is due to change in 2025, as the growing use of tools powered by generative artificial intelligence, new regulations and enhanced cyber insurance all push companies to improve defenses against data breaches. But with organizations like Blue Yonder, Mr. Cooper and Landmark Admin among the growing cohort of victims, can companies implement stronger cybersecurity protocols faster than hackers can figure out how to break them?
The increasing complexity of cyber attacks is driving up the price tag for restoring operations at impacted organizations, which by extension raises the expenses for carriers covering the costs to do so. Some experts say that improving data mining procedures can help trim excessive costs and speed up response times. In speaking with Digital Insurance, ACTFORE highlighted a few notable factors that can drive efficiency in cyber security incident response.
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