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Cyber insurance – is going without worth the risk?

Simon Moore, CRMG Senior Managing Consultant, shares his thoughts on cyber insurance as policies are becoming more specific, and insurance companies becoming more cautious

What is red, blue and purple teaming?

One of the most effective ways to test if your organisation is cyber resilient is to conduct simulated cyber attacks.

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At CRMG, we believe that all businesses should take a risk-based approach to cybersecurity. Unless you have finite resources, and the vast majority of organisations don’t, it’s the best way to protect critical systems and data.

The cyber security landscape can be challenging to navigate.

In an ideal world, you’d protect all information against every possible threat, but that’s not economically viable. You don’t want to overspend on security you don’t need, but you can’t afford to leave yourself exposed.

This is where a risk-based approach comes in. Once you understand the relative value of different information assets and the threats they face, you’ll then know where to focus your available resources.

Let’s design a cyber security programme that fits your risk profile precisely.

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Governance

Risk

Compliance

Risk-Based Approach