When it comes to cyber insurance, the fine print matters
When it comes to cyber insurance, companies are confronted with rising premiums, lower coverage amounts and stricter IT security requirements. Purchasing affordable and comprehensive cyber insurance is becoming an increasingly time-consuming and resource-consuming task for businesses. The process is increasingly taking six months or longer, as the "2023 State of Cyber Insurance" report from Delinea, the specialist for solutions that seamlessly extend privileged access management, now shows. In addition, insurers are setting ever stricter requirements for the cyber security of companies and are increasing the number of exclusion criteria that make taking out a cyber policy increasingly unattractive for potential customers....