Cybersecurity: Understand Your Exposure

Cybersecurity: Understand Your Exposure | Ryan J. Cooper

A critical component of a good cybersecurity plan is an analysis of the insurance policies to make sure they cover the kinds of loss that leave your business most vulnerable. In our last post, we covered one of the most common cyber threats, the CEO Fraud or Business Email Compromise. Businesses that fall victim to the CEO Fraud suffer what is known as a first-party loss, which is not covered by many cyber insurance policies.

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