Technology

Why you should implement NIST Cybersecurity Framework into your small business.

Photo by Tima Miroshnichenko

As a small business owner, you know that cybersecurity is important. But with so many cybersecurity threats out there, it can be difficult to know where to start. The NIST Cybersecurity Framework can help.

The NIST Cybersecurity Framework is a set of standards and best practices for cybersecurity. By implementing the Framework, you can help to reduce cybersecurity risks in your small business.

One way to implement the NIST Cybersecurity Framework is to consider cybersecurity at every stage of your business. For example, when you're selecting new technology for your business, think about how that technology will impact your cybersecurity posture. Make sure you choose solutions that will help reduce cybersecurity risks.

You should also consider cybersecurity when you're developing policies and procedures for your business. Make sure your employees understand the importance of cybersecurity and have the knowledge and tools they need to stay safe online.

By taking a comprehensive approach to cybersecurity, you can help protect your small business from cyber threats. And by implementing the NIST Cybersecurity Framework, you can give yourself a solid foundation on which to build your cybersecurity program.

Learn more here: https://www.nist.gov/cybersecurity

What impact will Insurtech have on the future of insurance?

Photo by David Yu

What is Insurtech?

Insurtech is a term used to describe the intersection of insurance and technology. It’s a rapidly growing industry that is using technology to create new ways to assess and manage risk. Insurtech companies are challenging traditional insurers with more innovative products and services.

The Insurtech industry is still in its early stages, but it is already having a disruptive effect on the insurance sector. Insurtech startups are using technology to solve some of the biggest challenges in the insurance industry, including fraud, claims processing, and customer engagement.

Insurtech is also driving innovation in the way that risks are assessed and priced. For example, Insurtech companies are using data analytics to better understand customer behavior and develop new pricing models that are fairer and more transparent.

The future of insurance will be shaped by Insurtech. The industry is already undergoing a period of significant change, and this is only set to continue as Insurtech companies continue to grow and mature. We can expect to see more innovation, more competition, and more choice for customers as the Insurtech industry continues to evolve.