Responding to and Recovering from a Cyber Attack Can Be a Costly and Overwhelming Process
Cyber insurance is one option that can help protect your business against losses resulting from a cyber attack.
If you’re exploring purchasing a cyber insurance policy, the FTC in partnership with the NAIC (National Association of Insurance Commissioners) has created a helpful Cyber Insurance checklist for Small-Medium sized businesses.
While it is not a comprehensive checklist, it does offer some general tips to consider when thinking about cyber insurance.
The FTC Cyber Insurance Checklist reviews:
- What should your cyber insurance policy cover?
- What is first-party coverage and what should you look for?
- What is third-party coverage and what should you look for?
To download a copy of the FTC Cyber Insurance Checklist, please visit: https://www.ftc.gov/system/files/attachments/cyber-insurance/cybersecurity_sb_cyber-insurance.pdf