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Nearly half of businesses around the world experienced a cyber attack in 2017, a new report from Hiscox Ltd. shows, and on average it cost those affected $229,000 in remediation. Here, Jerry Thompson, senior vice president at Identity Guard, explores how companies can better prepare for cyber attacks. (Photo: Shutterstock)

Gauging a company’s true data breach risk from the outside is a difficult endeavor for insurers, with challenges both technical and informational. But even less attention has been paid to how companies would manage a breach if it happened, which has an enormous impact on the toll of the final damage.

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