Amid the steady onslaught of costly ransomware and other attacks, cyber insurance is more important than ever for businesses. A company can implement proper security controls and meet regulatory mandates, but breaches still happen and when they do, cyber insurance can be a vital tool to help a business recover quickly. However, it's also becoming more expensive, complicated and challenging to get.
According to Fitch Ratings, cyber insurance is the fastest-growing segment of the US property/ca