Cybersecurity insurance can compensate you in the event of a cyberattack. But how do you determine the right policy for your needs?
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A successful cyberattack can harm your organization in a variety of ways. Data loss. Business disruption. Lost productivity. Regulatory fines. Brand or reputation damage. Ultimately, these can all impact your organization financially.
SEE: How to become a cybersecurity pro: A cheat sheet (TechRepublic)
With the threat of cyberattack always looming, one way you can protect yourself is through cybersecurity insurance. Like any type of insurance, this particular kind can kick in to compensate your business in the event of financial damage due to a cyber incident.
Of course, such insurance can be costly. Is it worth the expense? Let’s look at how this insurance works and consider some of the pros and cons.
What does cybersecurity insurance cover?
The protections offered by…
