More firms buying cyber insurance, but not always making a claim

We check out several industry reports and other research to get a better understanding of the state of the insurance sector.

Even the best cybersecurity defenses – from cybersecurity software and well-crafted security processes to having a skilled workforce in this arena – can be compromised or circumvented by determined criminals. And this is where cyber insurance comes in.

The thinking is that firms can cover the costs of the cyberattack and then

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