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Protecting your company against Cyber Security breaches with Cyber Insurance to minimise the financial damage.
PwC did a study for UK Department for Business, Innovation and Skills and according to PwC, the small businesses, the worst breaches cost between £65,000 and £115,000 on average; for large firms, the damage is between £600,000 and £1.15m. 422 more words
Cyber Insurance is certainly not the panacea many organizations would like to think it is. Take heed.
In my latest post for SecureWorld, explain 4 key takeaways for businesses from the Spec’s v. Hanover lawsuit regarding cyber insurance. Check it out and let me know what you think: 13 more words