Cybersecurity insurance can be the difference between recovering from a disaster or closing permanently. But even with cyberattacks on the rise, the majority of small to medium-sized businesses (SMBs) neglect this critical safeguard. And those who already have cyber insurance may also be caught off guard as new standards force them to adapt or lose coverage.
Cyber insurance is a complex topic with many factors, including:
- New mandated safeguards like Multi-Factor Authentication
- Cybersecurity tiers and shifting premiums
- Cyber liability and data exfiltration
- Disaster recovery and Incident Response Plans
In this session, we discuss cyber insurance with an insurance expert, explain what’s changing in the world of Cybersecurity Insurance and Liability, and outline the security infrastructure & policy steps you need to take now to financially protect yourself in 2022.