Discover how cyber insurance safeguards your business against cyberattacks by covering data loss recovery, legal expenses, and more. Get clear insights on coverage.
Ankit Gupta, business head for cyber insurance at Policybazaar, adds, “A common example is a UPI phishing scam. Victims share OTPs under pressure and lose amounts between Rs 20, ...
Given the prevalence of hacking incidents — before and after the Colonial Pipeline breach — more and more companies are purchasing cyber insurance to manage their risk. But are the pockets of large ...
Cybersecurity is a critical priority for organizations of all types and sizes, from small businesses to large corporations. Cyber threats and attacks are on the rise. Between 2021 and 2023, there was ...
In today’s fast-moving digital world, cashless payments and online banking have become a daily habit for millions. From mobile banking apps to UPI transfers and card payments, financial transactions ...
Cyber insurance is increasingly becoming a compulsory element in business relationships. Knowing what coverage meets a company’s specific needs can provide better protection. With an ever-increasing ...
Walt Powell is the lead field CISO at CDW, specializing in providing executive guidance related to risk, governance, compliance and IT security strategies. Despite improving their resilience to ...
Managing general agents (MGAs) underwrite and administer insurance policies on behalf of insurance companies. Just as a broker serves as an intermediary between the buyer and the insurer, the MGA acts ...
The business importance of cyber insurance is continuously growing. Recent trends in remote work across industries, the increasing reliance of businesses across widely varied facets of operations and ...
Cyber insurance protects enterprises from most cyberattack liabilities. But before committing to a policy, CISOs need to check for the following hidden loopholes. Facing ever-mounting cyberthreats, ...