As businesses increasingly go online, they face new risks from cyberattacks. To protect themselves, many companies are turning to cyber risk insurance. This insurance covers losses due to hacking, data breaches, and other cybersecurity issues. The demand for cyber risk insurance is growing rapidly. In the United States alone, sales of these policies are expected to nearly triple between 2017 and 2022. This growth is being driven by an increase in cyberattacks as well as by new regulations that require companies to have this type of coverage. What…
Read MoreThe Upcoming Boom of Cyber Risk Insurance and What It Means for Your Business
