Buying cyber insurance in 2021? Expect greater scrutiny, higher premiums

Read the original article: Buying cyber insurance in 2021? Expect greater scrutiny, higher premiums


Organizations will face significant challenges in purchasing, renewing, and benefitting from cyber insurance policies this year as various factors drive the sector towards a stricter, more specialized position, global specialists in law, risk, and cybersecurity predict. These include the continued evolution and impact of cyberthreats throughout 2020 and the early months of 2021, chiefly in the form of ransomware attacks and wide-ranging supply chain security issues.

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Read the original article: Buying cyber insurance in 2021? Expect greater scrutiny, higher premiums