Cyber Insurance Premiums Rise Amid a Flurry of High-Profile Cyberattacks

As the frequency of high-profile cyberattacks intensifies, businesses are facing a surge in cyber insurance premiums, a trend underscored in Sulagna Saha’s article. This increase reflects the growing recognition of the financial risks associated with data breaches and the essential role of insurance in a comprehensive cybersecurity strategy. The market shift signals an urgent need for companies to bolster their security measures and evaluate their insurance coverage to navigate the challenging cyber threat landscape. Read more in this Gestalt IT article, inspired by a delegate discussion at Security Field Day.