Company News
Cyber Risk a Moving Target as Boards Weigh Insurance Options
Our Co-Founders, Peter Teresi and Rob Blanchette speak with The Agenda on the importance of having systems in place with your COIs to keep cyber risk at bay.
The recent surge in cybersecurity and ransomware attacks has spurred many boards to ask management to take a second look at the cybersecurity protections that they have in place, specifically insurance coverage in the event of an attack with cascading impacts on partners and third parties. Recent estimates show that the global cyber insurance market is expected to grow from roughly $7.5 billion in 2021 to $28.5 billion by 2028, according to new market research.
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