Cybersecurity and insurance are increasingly intersecting as the number, frequency, and severity of cyber incidents rise. More businesses and individuals are transferring cyber risks to insurers. Insurers are improving special-purpose coverage options while limiting or excluding coverage under general liability policies. Consumers should assess needs and policies carefully to understand coverage limits and adequacy.
social engineering fraud
Data and privacy breaches caused by hacking and social engineering fraud are here to stay. Once considered an emerging risk, cyber is now a reality facing every organization.