How important is your business insurance cover against cyber attacks to you? Three points to consider:
1 – Many companies rely on their insurance to cover to the cost of ransom payments during a cyber attack.
2 – The cost of ransomware attacks are increasing year on year.
3 – Insurance companies see cyber attacks as the greatest business risk area across the globe.
A perfect storm of conditions pointing to insurers decreasing their cover against cyber attack…
Leaving unprepared companies exposed.
Take the time now to invest in fundamental measures to identify your assets, protect them against attack, and recover quickly if (when!) an attack occurs.
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Question for you – how ready do you think your business is for a cyber attack if your insurer wasn’t going to cover it?
