Cyber attacks, and the data breaches that tend to follow as a result, have become common place for most organizations. The nonprofit Identity Theft Resource Center’s research shows that the number of breaches experienced by U.S. corporations was up more than 68% in 2021, beating the previous record, set in 2017, by more than a fifth (23%).
While cyber insurance won’t prevent your organization from being attacked, it’s becoming a necessary tool for many businesses in the increasingly hard-fought fight against hackers.
Not only can it help companies to offset the costs involved with recovery after a cyber-related incident, but it can also help you to assess your defenses and your weaknesses to make you better prepared to withstand a future attack.
This whitepaper will discuss the benefits of cyber insurance, and the best way to take the steps to sign up.