Sentences with phrase «adequate cyber insurance»
This is easy to do with the help of a cyber insurance broker, as they will be able to recommend the most adequate cyber insurance policy and help negotiate the most suitable policies to match the business needs.
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Law firms should put time aside to discuss with their insurance broker if they are covered for cyber attacks and if so what security they have in place and whether it is adequate.
As this area of insurance grows, and the need for it becomes more widespread, it follows that insurance brokers who fail to bring the availability of cyber cover to the insured's attention, or who fail to obtain adequate cyber cover, are going to be at risk of litigation.
If your company gets hacked, cyber liability insurance can save you from a door - closing disaster in a number of ways, but if you feel like you're too cool to have adequate coverage, you may find yourself liquidating your assets on Craigslist.