New cyber threat takes top spot as number one cause of loss
Posted June 11, 2020
- The key selling point for cyber insurance has evolved over recent years as cyberattacks have become more prominent.
- Several years ago, cyber insurance was important because of data breach concerns and protecting organizations’ liability if private data was exposed.
- For the first time in over five years of tracking, ransomware has landed at the top of the list of loss causes in the non-healthcare segment.
– Alicja Grzadkowska | June 11, 2020