Last month, our Ansay Strategic Risk Manager, Mike Anderson, provides four actions a business owner can take to identify key internal and external cyber risks. He concluded the blog with two key takeaways 1) Every company faces cyber risk and 2) Cyber risk is insurable. Today’s blog is intended to delve into cyber insurance, using a claim example to illustrate the value of considering insurance as a risk management option for your business.
As more and more resources are being dedicated to cybersecurity and breach prevention, the bad actors are increasingly diverting their hacking activity towards soft target smaller businesses that are easily accessible, more vulnerable, and relatively unprotected.
Cyber Liability Webinar with RPS. While employers realize that cyber-attacks are happening, many don’t understand what coverage is available and the true impact that a claim could have on their company.