Sentences with phrase «purchasing cyber insurance»

This is one of the many reasons that more and more businesses have been purchasing cyber insurance.

According to Marsh Risk Management, the number of clients purchasing cyber insurance increased 21 percent between 2012 and 2013.

Small businesses may not be able to match the cyber security investments made by their deeper - pocketed competitors, but they can still purchase cyber insurance policies without breaking the bank.

The data breach would have caused Sony more than $ 100 million in losses, but the company had purchased cyber insurance protection, which meant that Sony was only liable for one - third of that amount.

Not exact matches

When hackers stole 40 million consumer payment card records from Target four years ago, the retailing giant had just purchased one of the earliest forms of cyber insurance.

Using CyberPolicy's unique tools, businesses can create a customized cybersecurity plan, before comparing and purchasing cybersecurity tools and the best available cyber insurance online − typically in less than four minutes.

The Morris City Council voted earlier this week to purchase $ 2 million in cyber insurance protection from the HCC Insuraninsurance protection from the HCC InsuranceInsurance Group.

Much like homeowners might purchase flood insurance to protect them from losses due to a flood, cyber insurance holders are protected from the foreseeable results of data leaks, hacking, and other forms of cyber intrusion.