
Considering Cyber Insurance? Here are Some Things to Think About
Over the years, business owners have become accustomed to purchasing various types of insurance from disaster coverage to general liabilities to help protect their business operations. However, the continued shift to digital operations has brought with it new vulnerabilities that businesses need to address. In 2024 the average cost of a data breach reached a record high of about $4.9 million. While implementing strong cybersecurity measures is the first and most important step to protecting a business’s online operations, cyber insurance could be the next step. Cyber Insurance: What does







