“In the past, cyber insurance was a polarizing issue in my discussions with privacy and risk professionals,” writes Experian Data Breach Resolution Vice President Michael Bruemmer, CIPP/US, “Some professionals were adamant about the benefits of cyber insurance, while others worried that the policies currently on the market didn’t meet its needs or were too costly.” In this post for Privacy Perspectives, Bruemmer debunks three of the most common myths associated with cyber insurance and examines why small- and medium-sized businesses are not off the radar of hackers and other cyber thieves.
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