The role of cyber insurance has increasingly been highlighted over the past year, largely as a result of surging ransomware attacks and demands. It has become blatantly clear that the increasingly dangerous threat landscape has increased the relevance of cyber insurance. It will be a vital part of organizations’ cyber-resilience going forward. Join our 30-minute interactive webinar to learn: Fill out the form to receive the recording! By now, you’ve probably heard the age old “it’s not a matter of if your organization will experience a data breach, but when” statement time and time again. Although cliche, it is undoubtedly true. Hackers across the globe are looking for ways to get rich quick by defrauding organizations and those organizations’ most valuable assets — people — fall victim to such criminals. With cyber insurance, you’ll be better positioned to mitigate the impacts of a cybersecurity incident. Cyber insurance can be essential in helping your company recover successfully after a data breach. Costs can include business disruption, revenue loss, equipment damages, legal fees, public relations expenses, forensic analysis and costs associated with legally mandated notifications. The truth is: cyber insurance coverage is relevant to most businesses and data types, and it makes a significant difference in the event of a cybersecurity incident. 73% of insurance claims between 2013 and 2020 were related to crisis management of data breaches!
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Why is Cyber Insurance Important?
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