• What to Consider Before Purchasing Cyber Insurance in 2023

    Categories: BlogBy Published On: February 3, 2023

    If you follow cybersecurity trends, you may have heard cyber insurance mentioned at some point. Cyber insurance functions similarly to liability insurance but for a business's digital presence rather than its physical property. According to the Federal Trade Commission, cyber insurance should include coverage for data breaches, cyberattacks from anywhere in the world on your data, cyberattacks on third-party vendors that hold some of your data, and digital effects of terrorist attacks. Some policies even include a "duty to defend," which means the provider will defend you in a lawsuit. Other features to look for include a 24-hour breach hotline [...]

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