There has been a 70%+ increase in the average cost of a cybercrime to an organization over five years to $13mn and a 60%+ increase in the average number of security breaches, a recent report reveals. Losses resulting from external incidents, such as DDoS attacks or phishing and malware/ransomware campaigns, account for 85% of the value of claims, followed by malicious internal actions (9%) – which are infrequent but can be costly. To select suitable … More ? The post How do I select cyber insurance for my business? appeared first on Help Net Security .

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How do I select cyber insurance for my business?