PUBLISHED ON: July 21, 2015
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While the risks posed by data breaches are by now widely recognized, effective management of the risk is lagging. Statistics indicate that concern about data breaches is up, yet half of all businesses have no plans to dedicate more resources to avert these perils.
The purchase of dedicated cyberinsurance products appears to be on the rise, but many in the insurance brokerage community indicate that the marketplace is not yet as robust as one would expect given the staggering scope of recent data breaches and the ensuing headlines.
To read the article: 10 tips for upping recovery odds from cyber and D&O policies