Dara Gibson - Cybersecurity Readiness Advisors

  In today’s hyper-connected world, a cyberattack isn't just a technical glitch, it’s a major business, financial, and operational crisis. According to the FBI’s 2025 Internet Crime Report, losses from cyber-enabled crime that were reported have shattered records, surpassing $20.8 billion! At Cybersecurity Readiness Advisors, we believe that true resilience comes from a combination of robust defense and a safety net that works. Here is why your business needs a dedicated cyber insurance policy to stay ahead of today’s sophisticated threats. 1. Financial Reality: High-Loss Crimes The cost of a breach is no longer a "budget line item”. It can be a business-ending event. Cyber-enabled fraud accounted for 85% of all reported losses in 2025. The most frequent "financial killers" for businesses include: Business Email Compromise (BEC): Criminals are becoming experts at impersonating vendors or executives. In 2025 alone, BEC resulted in over $3 billion...

  By Dara Gibson, Cybersecurity Readiness Advisors Cyber insurance carriers have changed. Applications are no longer check-the-box forms. Underwriters now want proof of operational cybersecurity maturity, evidence of control effectiveness, and confidence that your organization can prevent, detect, and respond to modern threats like ransomware, business email compromise, and data exfiltration. Interestingly, organizations pursuing CMMC Level 2 are already building exactly what cyber insurers are looking for—even if they don’t realize it. Although CMMC is a requirement for companies working with the DoD, its control framework has become a powerful signal of reduced cyber risk for any organization seeking favorable cyber insurance terms. Here are five reasons why. 1) Documented and Enforced Access Control (AC) CMMC Level 2 requires strict implementation of: Role-based access control Least privilege enforcement Multi-factor authentication Privileged ...