Cyber Insurance: Time for CIOs to invest?

The threats to your business keep coming.

Last year was the second-most-active year for data breaches, with some 6,515 publicly disclosed incidents exposing more than 5 billion records worldwide, according to a recent analysis released by Risk Based Security. The high-water mark for data breaches remains 2017, but there’s only a 3.2 percent difference in total incidents between that year and 2018.

Since a data breach remains a matter of “when” (not “if”), many enterprises are looking to other means to help mitigate the risk and stem some of the financial losses associated with cyberattacks.