‘Our company doesn’t need cyber insurance’: four misconceptions debunked
Cyber risks are now part and parcel of running a business. Despite this, some companies are clearly still sceptical about cyber insurance. Their doubts are unwarranted, because insurance of this kind is more than just a financial safety net: it also enables you to bring in professional IT support immediately in the event of a cyber incident, giving it double value. In this article, we discuss four arguments often put forward by companies for not taking out cyber insurance, and explain why it makes sense to give it serious consideration.