By Ngen IT / 2023-08-06 / Topics : Cybersecurity
In today's increasingly digital world, cyber insurance has transitioned from a mere "nice to have" to a critical necessity for businesses. With the rising demand from customers and growing pressure from boards of directors, obtaining comprehensive cyber insurance coverage has become more challenging yet essential. This article explores five expert recommendations to help businesses navigate the process of obtaining the right cyber insurance without overpaying.
Obtaining the right cyber insurance coverage has become a critical aspect of modern business risk management. By implementing basic cyber hygiene, adopting cybersecurity frameworks, starting the process early, building a multi-departmental team, and understanding data sharing boundaries, organizations can navigate the complexities of cyber insurance and secure adequate protection for their digital assets. Taking these proactive steps is paramount in safeguarding against potential cyber threats and mitigating financial losses in the event of an attack.
