The Importance of Cybersecurity Specific Insurance
A Common Mistake Companies Make Is Assuming Their General Insurance Plan Will Cover Cybersecurity Incidents, Which It Often Won’t. It’s Important that Companies Have a Cybersecurity Specific Insurance Plan. This Chapter Will Discuss This and Give Some Options
In this chapter I will be looking at ways that a company can make sure they have coverage in the event of a data breach. The first important thing to note is that most general insurance plans will not cover you in the event of a Cybersecurity incident. Since, cybercrime is a fairly new liability for business, most insurance plans have not been revised to include it. You will most likely have to purchase it as a standalone service ...
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