The Future of Cyber Insurance Ten Years From Now is impossible to predict with 100% accuracy, but it has presented some potential scenarios. Other predicted outcomes include the following: The market will remain competitive and heightened demand for cyber liability insurance products will continue to increase as businesses recognize their vulnerability to cyberattacks. What Can … Read more
Cyber liability insurance is a newly developed way to protect businesses and individuals from cyber crime. Essentially, cyber liability insurance covers the costs that have been caused by a data breach, a virus, or any other cyber attack. It can also cover legal claims resulting from the breach and is a great insurance policy to … Read more
Cyber insurance is an important way to protect you and your business from cyber attacks that happen regularly across the internet. Here are 8 reasons why you should purchase cyber insurance to protect personal information and private data. Data is critical for any business success, yet it’s not covered by standard property insurance. It’s difficult … Read more
A cyber risk refers to the risk of financial harm that is done to an organization and is a result of a failure or disruption of its computer systems. It may also be a risk that a company faces from the way they handle their data or rely on technology in their everyday operations. But … Read more
Recent developments in cyber insurance have been an exciting topic for discussion. The Q4 2021 saw a lot of new companies enter the space, with some exciting as well. As a result, it has become increasingly important to understand how this affects your personal or business needs to protect yourself from potential damages caused by … Read more
The biggest data breaches that generate national headlines typically happen to large and well-known companies. Although, it is small businesses that are more likely to suffer a cyberattack than these large companies. Not only do the world’s biggest companies need Cyber Insurance coverage, but it is also a must-have for small businesses as well. Every … Read more
Nearly every company, of every size, is exposed and vulnerable to cyberattacks. Your company’s privacy, confidential information, and operations are at risk of exposure. This is a massive problem for organizations, which is why more and more people are turning to cyber insurance to protect their businesses from a dangerous, and costly, situation. In 2020 … Read more
