Data breaches are becoming more and more common, and they are costly—the average cost of a data breach is now $3.86 million. Regulations and compliance will only increase this cost. Businesses need to take steps to protect themselves, and one way to do this is by purchasing cyber liability insurance.
Join Hosts Sean Mahoney and Stanley Li and their guest Jake Charen, Senior Rick Architect of Lakeside Insurance to learn:
- What is cyber liability insurance?
- Why should executives consider having a cyber liability? Is it worth the investment?
- After the Travelers and ICS suit, what is the trend in the insurance industry regarding coverage?
- How you can reduce your risk of a data breach without cyber liability insurance?