The growing threat of ransomware and cyberattacks has made cyber insurance essential for enterprises. In 2023, 93% of IT and security leaders reported increased ransomware risks, with 45% experiencing attacks in the prior six months. Despite this, many organizations face rising premiums—up 50% in 2023—and stricter policy requirements, including mandates for strong security measures like MFA and endpoint protection. Cohesity helps enterprises reduce cyber risk by providing robust data protection, rapid recovery, and ransomware resilience, which can improve cyber insurance eligibility and potentially lower premiums.

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