Any company or public sector entity that uses technology or data faces cyber risk. The list of cyber risks challenging organizations today is expanding exponentially. Ransomware, for instance, is increasing in frequency, severity, and sophistication. But it’s just one of many cyber risks to be understood, measured, and managed.
With cyber insurance, you can create a tailored coverage program that transfers risk out of your organization, as well as reduces balance sheet impact and volatility resulting from cyberattacks.
Having a comprehensive cyber risk insurance program in place, complemented by a risk management program, has never been more important to help your organization appropriately manage its risk.
