Cyber theft, attack and terrorism are in the news a lot these days, and with good reason. About 1.5 million cyber attacks occur every year. That breaks down to 3 every minute. Little wonder, then, that cyber insurance is a growing area of interest for both small or home-based businesses and commercial companies alike. With this in mind, Snyder Insurance takes a look at what is trending in cyber and privacy insurance. Read more
These days, more and more companies are storing data and information digitally, both on their own servers as well as in the Cloud. The risks your company might suffer due to a data breach are quite different from those that are covered by insurance like those regarding Errors and Omissions or General Liability. So having a comprehensive cyber risk management plan to address deterrence, disclosure and manage crises as well as ensure that cyber risk insurance coverage is on hand should a data breach occur is essential. Read more