While the specter of state-sponsored cyberattacks has been pushed to the fore lately, it’s important to remember that more cyberattacks are reportedly perpetrated by criminal groups than state actors. In 2019 alone, cybercrimes reportedly hammered businesses to the tune of roughly USD 2 trillion.
When it comes to insuring against the scourge of cybercrime, larger operations appear to be more proactive than smaller businesses.
Read Caitlin Plunkett’s post “As Geopolitical Tensions Rise, Don’t Forget the Cybercrime Threat” in Verisk’s Visualize.
Verisk is at the forefront of analyzing cyber risks and addressing the evolving needs of the cyber insurance market. To learn more about our cyber insurance solutions, please visit Verisk.com/cyber.