Couverture de Whats Changing in the Cybersecurity Insurance Market

Whats Changing in the Cybersecurity Insurance Market

Whats Changing in the Cybersecurity Insurance Market

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Cybersecurity insurance covers costs associated with a data breach.

No one is safe from cyberattacks. 

Even small businesses find they are targets. 

The average cost of a data breach is currently $4.35 million.

The increase in threats and costs have led to changes in cyber insurance. 

Here are some of the cyber liability insurance trends you need to know:

·         Demand is Going Up

·         Premiums are Increasing

·         Certain Coverages are Being Dropped

·         It’s Harder to Qualify

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