Best practices for lowering cyber insurance costs and cyber risk
Although vendor-written, this contributed piece does not advocate a position that is particular to the author’s employer and has been edited and approved by Network World editors.
With cybersecurity threats on the rise, companies are increasingly taking advantage of cybersecurity insurance. And while cyber insurance can be worth it, it’ll cost you. Last year, U.S. insurers earned $1B in cyber premiums. You can minimize your premiums by showing your insurance company you’re actively mitigating cyber risks, which is a win-win: lower your risk and secure a more cost-effective insurance plan.