By The Structured Security Team -- Experts agree, it isn't a matter of if your organization will come against a cybersecurity threat, it's a matter of when. And companies that provide cybersecurity insurance are passing along the costs, increasing premiums to combat the risk of increasing payouts. Cybersecurity Insurance Costs Are Increasing Rapidly Cybersecurity insurance costs are increasing dramatically for organizations across the globe. According to a report by Standard & Poor's Corp. published earlier this year, "Cyber insurance premiums, which now total about $5 billion annually, will increase 20% to 30% per year on average in the near future." This is partly due to increased claim frequency, the severity of these claims, and the uncertain nature and definition of cyber risk within the insurance industry itself. Another report, the Marsh Global Insurance Market Index, found that cyber insurance costs aren't plateauing like the costs in other markets. In fact, in the first quarter of 2021, prices generally increased by 35% in the U.S. and 29% in the U.K. Why the Increase in Cybersecurity Insurance Costs? As previously stated, the rise can be partly attributed to increased claim frequency and the severity of the claims filed. Here is a deeper…

Structured Ranks on 2021 CRN Solution Provider 500 List


Structured CRN SP 500 2021 Award

Structured’s pandemic-era leadership, services and annual revenue place it firmly among elite North American solution providers for 2021. PORTLAND, Ore. (June 1, 2021) – Structured announced today that it was named for the 11th consecutive time to the Solution Provider 500 list by CRN®, a brand of The Channel Company. Each year CRN compiles the…

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Structured Lands on CRN Tech Elite 250 List for 11th Straight Year


CRN 2021 Tech Elite 250 List

Structured’s technical merit, experience and certifications elevate it among North American solution providers for 2021. PORTLAND, Ore. (April 6, 2021) – Structured announced today that it was named to the laudable 2021 Tech Elite 250 list by CRN®, a brand of The Channel Company. This annual list features IT solution providers of all sizes in…

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Structured Helps Secure Department of Defense Supply Chain


CMMC-AB Registered Provider Organization Badge

Firm added to CMMC-AB marketplace as a Registered Provider Organization™ for DOD contractors. PORTLAND, Ore. (March 15, 2021) – Structured announced today that it has ramped up its ability to assist Department of Defense (DOD) contractors in their quest to become CMMC-certified suppliers. With extremely limited exceptions, all companies that supply goods and services to…

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Structured Managed Services Achieves SOC 2 Compliance


AIPCA SOC 2

 A proactive, security-first company, firm launched rigorous process to protect client data and privacy. PORTLAND, Ore. (Feb. 5, 2021) – In this age of advanced and sophisticated threats, Structured and its Managed Services team eagerly and exponentially elevated its capabilities for securing and protecting customer data by obtaining the American Institute of CPAs (AICPA) SOC…

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Supply Chain Hacks: Fallout from a nation-state-backed attack


By Jesse Wilson, CISSP, Sr. Security Engineer -- Two weeks have passed since the discovery of Sunburst (https://us-cert.cisa.gov/ncas/alerts/aa20-352a), an exploit so vast it likely will become the biggest breach in history – at least to date. Government agencies and private businesses alike are scrambling to detect indicators of compromise (IOCs), install patches and implement damage…

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Structured Expands IT Solutions and Services in North America


Company acquires the assets of DPC IT Solutions, streamlines ability to serve Canadian customers. PORTLAND, Ore. (Dec. 21, 2020) – Structured is pleased to announce its continued North American expansion via an acquisition of the assets of DPC IT Solutions, a Canadian solution provider with three decades of extensive wireless, networking and security experience. While…

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iland’s Secure Cloud Backup Energizes M365 Security


iland's Secure Cloud Backup

Oil and gas companies must explore far more than terrain and seismic reflection to remain nimble in an era of unstable prices and consumer pressure for decarbonization. While dealing with uncertainly caused by COVID-19 and ongoing calls from citizens, policymakers and businesses for lower-carbon futures, forward-looking oil and gas companies are capitalizing on technology to…

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Structured Acquires Verge Technologies, Expands In California


Structured brings extensive services, solutions and broader access to infosec expertise to the new market. PORTLAND, Ore. (Dec. 2, 2020) – In a move to expand its leading-edge IT solutions and services on the West Coast, Structured acquired Silicon Valley-based Verge Technologies. Structured, a nationally acclaimed solution provider specializing in security, cloud, and digital infrastructure,…

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Secure Critical Infrastructure Demands Proactive Measures


Electricity Infrastructure with Cityscape

By Collin Miller, Director of Cloud Security -- Given the emergency brought on by rapid spread of COVID-19, many businesses have been shut down or are transitioning to telework to comply with public health measures. However, for the group of organizations that make up our critical infrastructure, shutting down is not an option.  Critical infrastructure…

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