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Ransomware attacks, third-party liability and you

Organizations need to consider unintended victims and liability to reliant third parties if their systems are attacked by ransomware.

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Rather than depend on general liability coverage, which may not cover cyber risks, organizations should consider adding cyber insurance to their insurance portfolio. (Credit: Mister x) Rather than depend on general liability coverage, which may not cover cyber risks, organizations should consider adding cyber insurance to their insurance portfolio. (Credit: Mister x)

The COVID-19 pandemic has caused a massive shift in the way organizations do business and the way their employees do their work, but, as is often the case, this shift has brought about an increase in cybersecurity risks, which should not be overlooked.

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