Key to cyber insurance process is finding the right broker

More healthcare organizations are turning to cyber insurance as a step in the right direction for cybersecurity protection. However, not all policies are the same, and the right carrier should be determined by the size and scope of the organization. Factors to consider when selecting a cyber insurance broker include assessing needs, looking for a reputable carrier, and prioritizing a strong relationship between the underwriter and chief information security officer. The market is growing, but challenges such as excessive pricing and coverage gaps still exist.