Tags: Cyber threats

Why Purchasing A Cyber Policy Makes Sense for Your Business

Most companies purchase general liability insurance to protect themselves from potential lawsuits or claims resulting from accidents, injuries or negligence. They purchase professional liability insurance to protect themselves against the cost of errors, malpractice or negligence in services provided to their customers. Likewise, many companies are required by states to buy workers’ compensation insurance to ensure they can cover an injured employee’s medical expenses and loss of income. So, why don’t more companies purchase cyber insurance to protect themselves against first- and third-party claims arising from cyber incidents? Alarmingly, 43... Read More