In today’s world, consumers and businesses rely heavily on technology to interact with each other. As technology is ever changing, so are the rules governing the use of the data that is being collected. Businesses are responsible for keeping this data safe. Typically, traditional insurance policies do not cover cyber incidents. More and more businesses are realizing that they need insurance for this data, in case of a breach or regulatory fine. Every industry must continually be aware of their responsibilities for protecting their data and themselves. This is where Cyber insurance comes into play.
Use the following resources to keep up to date on the various laws and regulations that your organization needs to follow, and help you navigate the various insurance policies available to mitigate your risk.