What you need to know
- Microsoft and At-Bay have teamed up for a joint cyber insurance initiative.
- Businesses that use At-Bay and Microsoft 365 can get a discount on their cyber insurance.
- Microsoft touts At-Bay customers as being more protected from ransomware attacks than the average insured.
Why might one need cyber insurance? The reasons are many. Imagine if you were a user of Microsoft Exchange and somehow your login credentials ended up in the wrong hands. Or, worse yet, your data went to state-sponsored Chinese hackers to help their country construct secret AI projects.
Alternatively, imagine you were at risk of something serious like a ransomware attack due to printing on Windows turning into a months-long mess of security issues dubbed PrintNightmare.
None of these situations sound good, right? That's where cyber insurance comes into play, helping you minimize your losses in unfortunate situations. And that's why Microsoft has teamed up with cyber insurance company At-Bay.
As part of a multi-year commitment, the two companies are partnering to bring quality cyber insurance to all those who use Microsoft's services. At-Bay is confident they're able to help reduce risks of ransomware attacks, and it appears Microsoft is confident in them as well. Microsoft 365 users can get a discount on their At-Bay policy premiums if they indulge some security guidance from the Windows 11 maker.
For the full scoop on Microsoft's new cyber insurance team up, you can check out the official press release. And in the event you're not curious about the ever-exciting world of insurance, focus on all the other big news going on with regards to Microsoft 365, like how Amazon may be attempting to oust it as the de facto all-in-one package.
