Cyber insurance and its place in business security strategy [Q&A]

Data breaches and cyberattacks can be costly for businesses, not just in financial terms but also in damage to reputation. It's not surprising then that more and more companies are looking to offset these costs by taking out cyber insurance policies, We spoke to Chris Kennedy, CISO and VP of customer success at AttackIQ to find out more about cyber insurance and the potential pitfalls. BN: What types of incidents do cyber insurance policies cover? CK: Cyber insurance policies are intended to offset costs that emerge from: incident containment and attack eradication, third-party help, public relations and disaster communications plans, reparations… [Continue Reading]