The constant threat of cyber attacks on businesses globally has led to vast sums of money being spent to protect against them.
Both large and small businesses are forced to take precautionary steps to safeguard sensitive information of their employees, partners and clients, including purchasing a comprehensive cyber liability insurance policy.
Another survey, conducted onsite at the Risk and Insurance Management Society Conference in San Diego in May, found that nine out of 10 businesses were attacked in 2015 — citing also that cyber attacks increased by 21% from 2015.
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Trudy Knockless
Trudy Knockless is a reporter on ALM Media's Business of Law desk. She has a background serving legal and insurance publications. Contact her at [email protected] or on LinkedIn at Trudy Knockless.
