Today's Hard|Forum Post
Today's Hard|Forum Post

Monday October 12, 2015

Cyber Insurance Premiums Rocket After High-Profile Attacks

I guess this is to be expected. Hell, just this year alone there was Target, eBay, JP Morgan, Home Depot, Anthem, TJ Maxx, the U.S. military, Blizzard, Apple, the list goes on and on. eek!

A rash of hacking attacks on U.S. companies over the past two years has prompted insurers to massively increase cyber premiums for some companies, leaving firms that are perceived to be a high risk scrambling for cover.