Canadian insurer the Co-operators has revamped its cyber insurance offers for business policyholders. The co-operative group says the product will protect business owners from unexpected expenses and/or costs of complying with privacy laws if their confidential information is compromised, and lost income or increased operating costs due to a privacy breach. Cyber Guard Select, offered
Cyber insurance companies are demanding greater risk management strategies from organizations interested in purchasing cyber insurance. “Insurers want to know there is an organized and proactive effort to manage cybersecurity risk,” Travis Wong, VP of risk engg. and security services at cyber insurance provider Resilience. These risk management strategies include multi-factor authentication (MFA), backup, incident
April 21-22, 2022 | USA
April 21-22, 2022 | USA There’s no doubt that the demand for cyber insurance is booming, which is good news for the industry. Managing cyber risk is now the norm for all sizes of business. And because of the demands from insurers, clients are putting risk management higher up on their agenda and taking a
