When a loss occurs it really boils down to two things for insurers: Whether to pay and whether you can get your money back. (Photo: Stuart Miles/Adobe Stock)
In part one of this two-part series addressed the importance of limiting exposures in a cyberattack because it is no longer a matter of if an attack will occur, but when. This type of approach allows an organization to identify points of entry, increase training for personnel since they are frequently the exploited link and take other preventative measures. However, when the inevitable cyberattack occurs, subrogation is one way to lessen the financial impact for an insurer.
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