Why CISOs Should Get Involved With Cyber Insurance Negotiation
Everyone benefits — the CISO, the company, and the insurer — when CISOs are included in arranging cyber insurance.
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Everyone benefits — the CISO, the company, and the insurer — when CISOs are included in arranging cyber insurance.
The cost of ransomware to businesses is estimated to have doubled since 2019 to $20 billion, according to Coveware. Policyholders turn to their insurance
Enterprises seeking cybersecurity insurance may now have a heavier burden of proof when making claims.
After one company suffered a breach that could have been headed off by the MFA it claimed to have, insurers are looking to confirm claimed cybersecurity measures.
As insurers and brokers reckon with unexpected losses, they're charging more for policies and setting higher requirements.