As Russia looks set to ramp up its cyberattacks on the United States, companies and their founders should be asking themselves: Do we have adequate cybersecurity insurance? Do we even have cybersecurity insurance? The answer to both should be yes.
No organization today is spared from malicious system breaches, and the threats are accelerating. Recently, President Biden warned all U.S. companies to tighten their defenses, citing new intelligence about Russian-backed cyber threats. This comes after ransomware attacks in North America rose 104 percent last year.
