You may have heard the term “Cyber Insurance” in exceptionally glowing terms, describing it as the next big thing that no sensible business should be without. Or you may also have heard it described as something that is greatly hyped but which is not quite as awesome as all that. As with most things, the truth is somewhere in between these two extremes: It’s something that may be a great tool to help transfer risk in the event of a cybersecurity breach, but only if you apply it with adequate forethought.
What is Cyber Insurance?
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