Securing cyber insurance takes a team and strategy. (Credit: Mikolette Moller/peopleimages.com/Adobe Stock) Securing cyber insurance takes a team and strategy. (Credit: Mikolette Moller/peopleimages.com/Adobe Stock)

Cyber insurance is mission-critical to protect nearly every business, especially as today's organizations face unprecedented risk. And with the average cost of a ransomware attack hitting $4.5 million in 2022, insurers are demanding that their clients do more to protect themselves against attacks.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.