Good cyberinsurance ensures business continuity
- June 10, 2024 |
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WILLIAM EHART
The right insurance company can be a vital partner when it comes to cybersecurity.Your insurer should advise on security measures and test employee responses to potentially malicious emails before any breach, and provide a response team in the event of a breach. That team can even negotiate with cybercriminals after a ransomware attack and, if necessary, pay them off, experts told CEO Update.The latter point simply reflects reality today: Cybercrime often pays since cybercriminals are so hard to catch. Increasingly, they have turned their focus to smaller and midsize organizations (roughly speaking, groups with less than $20 million in revenue). These groups may offer… Read More
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