Businesses today rely heavily on the digital world to fuel their operations, and as such, they happily enjoy the associated benefits of convenience, profitability, flexibility and more.
That convenience, however, is counter-balanced by the ever-evolving security threat landscape. As businesses scramble to keep up and fortify their technology environments with critical security defenses, cybercriminals remain at the ready to take advantage of any potential vulnerability.
The aggressive evolution of cyber threats — both in sophistication and speed — has resulted in a pressing need for organizations to prepare for the “when” rather than the “if”. As an added layer of necessary protection, businesses are also turning to cyber liability insurance to fortify their protection.
Unfortunately, many businesses either looking for cyber liability coverage for the first time OR looking to renew an existing policy are often surprised and/or unprepared to respond to the necessary information underwriters need to provide a cybersecurity insurance policy. In our new whitepaper, Readying Your Business for Effective Cyber Liability Insurance Coverage, we take a closer look at some shocking cyber liability coverage considerations, factors that can affect your premiums and examples of cybersecurity requirements that can help your business prepare for securing new coverage or a renewal.