In the early days of cyber insurance, carriers were much more relaxed about writing policies. They didn’t have a good understanding of the risks involved, and as a result, they lost a lot of money on their cyber policies. Carriers have finally caught on to the...
Ransomware has been on everyone’s mind since a string of high-profile ransomware attacks in 2021. For the uninitiated, ransomware is malicious software that encrypts files or IT systems and demands payment, usually in the form of cryptocurrency, in exchange for the...
Are you ready for your next cyber insurance renewal? In the not-so distant past, cyber insurance renewals were a simple process, however, that is no longer the case. Renewal applications have become much more in-depth, and it is becoming more common for applications...
By now, every business owner, big or small, should understand how critical cyber insurance is for protecting their business. Even if you feel you might not be storing information valuable enough for a cyber-attack, you are still a target. It’s not necessarily about...
The cost of damages from a data breach goes beyond repairing your databases, buying new security tools, or replacing lost hardware. While this is expensive, the company may have to deal with legal and PR issues and may need to check if there are remnants of the...
It is not a matter of ‘if’, but ‘when’ your company will experience a security breach. A well-prepared company is one that has thought through their security incident response and has a plan on how to recover from a successful cyber-attack. Cyber insurance is the...
![[SMBs] How Much Cyber Insurance Coverage Do You Need?](https://aldridgetech.wpenginepowered.com/wp-content/uploads/2022/09/Security-Feature-Image-Blue-2-1080x675.png)
