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Many companies are becoming aware that cybersecurity insurance is no longer optional, and it most definitely is not as cheap or as easy to obtain as the past. In fact, many companies are being dropped from their current policy. Why is this happening? Well, the standards for “normal” cybersecurity protection have drastically increased and the
Cybersecurity insurance is an important part of any business’s risk management strategy. We will talk more about creating a Risk Management Program a bit later in a future blog, but the need for insurance continues to increase. Cyber threats are becoming more sophisticated and widespread, and with the potential for serious financial losses from even
These days, more than ever, having a Chief Information Security Officer is becoming a necessity as cyber-attacks continue to rise. There is a rapidly growing list of organizations embarrassed with what seems like one breach announcement after the other, including some companies considered to be among the most sophisticated. I mean, when a company that
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