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Tag: cybersecurity insurance

Is cyber insurance worth it in 2022? Graphic of computer being covered by umbrella

Is Cyber Insurance Worth It In 2022?

Across industries everywhere, costs are on the rise. And, like any other sector, cybersecurity insurance rates are no different. While it’s a necessity for some, it still begs the question: is cyber insurance worth it? A year ago, cybersecurity insurance rates rose by 10-30% overall. If you think that’s steep,...
cybersecurity insurance

Here’s Why Cybersecurity Insurance Costs are Rising

Many organizations rely on cybersecurity insurance to help them recover from ransomware and other cybersecurity incidents. Unfortunately, because of the drastic rise in attacks, insurance companies have suffered major losses. As a result, they’ve been forced to increase their premiums and require improved security from their customers. In many cases,...