Recent reports confirm that cyber insurance uptake is on the rise.
Driven by recent ransomware attacks, data breaches and a maturing appreciation that 100% cybersecurity is a fiction, more companies are looking to cyber insurance to transfer some of the risks associated with these ever-increasing and serious threats.
But all cyber insurance policies are not created equal, and one size definitely does not fit all insureds. It's imperative, therefore, that prospective insureds take steps to ensure that they're purchasing the appropriate cyber coverage to address their entity's unique cyber risk profile.
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