What happens if your company is struck by a cyberattack that is credited to a country state? Would certainly your insurance coverage cover the expenses of the strike?
As cyber-insurance is, and also will remain to be, a budget plan product for companies wanting to safeguard themselves from the rising and also unpredicted repercussions of cyberattacks, one crucial inquiry occurs– will a company’s cyber-insurance plan cover the damages brought on by an assault that was credited to a country state? This inquiry is even more relevant versus the background of the recurring battle in Ukraine and also the cautions of cyber-war possibly spreading out past the problem area.
See the video clip to find out about exactly how insurance providers and also reinsurers might deal with cases entailing cyberattacks that were credited to state-sponsored opponents.