How Well Will Cyberinsurance Protect You When You Really Need It?

Originally published by Ericom Software. Written by Stewart Edelman, Chief Financial Officer, Ericom Software. According to a report from Hiscox, a UK-based insurer with over 3,000 employees across 14 countries, 20% of the more than 5,000 businesses surveyed responded that a cyberattack had nearly caused their bankruptcy. 87% of businesses around the world saw cyberthreats as the greatest hazard to their financial health. Recognizing this grave threat, many companies have rushed to purchase c...

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