
Cyber Insurance Changes to Plan for in 2022
No modern firm can operate without some risk of a cyber-attack or data breach. And most firm leaders understand the importance of carrying cyber liability insurance.
No modern firm can operate without some risk of a cyber-attack or data breach. And most firm leaders understand the importance of carrying cyber liability insurance.
At the end of the day, cyberattacks can have a detrimental impact to firms. Don’t wait until it’s too late to develop an effective data security plan.
In 2021, cybercrime cost U.S. businesses more almost $7 billion, yet today, only 50% of U.S. businesses having a cybersecurity plan in place.
The 2022 AFP Payments Fraud and Control Survey found that 71 percent of organizations were victims of payments fraud attacks or attempts last year.