Crystal Eye NDR
Network Detection and Response
Purpose-Built Threat Defence Beyond AI
Ready to take your threat defence to the next level?
According to Ransomware: Rising Threats and Resilience, 69% of businesses experienced a ransomware attack over the previous five years and of those attacked, 84% paid the ransom, and 75% paid the ransom within 48 hours. The average ransom payment rose to $1.35 million in 2024 (up from $1.03 million in 2023). These trends highlight the significant financial burden cyberattacks place on organisations.
In the face of rising premiums, tightening underwriting standards, and increasingly sophisticated threats, risk buyers are under pressure to demonstrate more than just basic compliance; they must prove cyber resilience.
The cyber insurance market is evolving quickly, and getting coverage is becoming more difficult due to stricter requirements. This Cyber Insurance Readiness toolkit contains important information to help you figure out whether your current cybersecurity program meets these new standards.
If you are unable to confidently check off all the items, Red Piranha can support your organisation in strengthening its security, improving your chances of qualifying for coverage, and potentially lowering your insurance premiums.