Cyber crime and data breaches are more of a threat than ever before, and when it comes to cyber-related risks, business face two challenges. First, cyber risks are ever-evolving. What you thought was once a smart cyber policy is now outdated. Second, when trying to insure against the risk of cyber loss, policyholders are faced with a fragmented insurance marketplace.
In honor of Cyber Security Awareness Month, Anderson Kill, a law firm specializing in insurance recovery and captive insurance services, provides 10 tips for policyholders to maximize their chances of an insurance recovery from cyber-related losses. The 10 tips also are available as an infographic.
1. Cover all of your bases
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