No matter how much insurers invest in cybersecurity, no single tool can guarantee protection against all attacks. Cybercriminals are evolving their tactics and will always try to seek out any loopholes in systems. (Photo: losmostchos/Adobe Stock)
Since the start of the pandemic, cyberattacks have grown in frequency and sophistication. Coupled with the rise of distributed workforces, organizations — especially those that manage vast amounts of data — are becoming more vulnerable to these data breaches. In fact, Gartner predicts that by 2025, 45% of organizations worldwide will have experienced a cyberattack.
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