As the cost of cyber insurance rises, the number of organizations who can’t afford it is set to double

Cyber Insurance cyber resilience cyber risk Huntsman Security News Risk Management

The number of organizations that will be either unable to afford cyber insurance, be declined cover, or experience significant coverage limitations is set to double in 2023, according to Huntsman Security. Even for those insured, the perfect storm of ongoing attacks, tightening regulations and growing financial pressures is making it more likely that any attack on an organization will leave it exposed. “Factors like the supply chain crisis, inflation and skill shortages are all adding … More

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