Policy mistakes to avoid when choosing cyber insurance

siteadmin October 17, 2018

Healthcare organizations are turning to cyber insurance to protect themselves against data breaches and hacks. However, there are important mistakes that organizations need to avoid when choosing a policy. These include rushing the process, having a lax risk assessment, not involving the right people, and failing to understand the coverage. It is crucial for organizations to be honest, transparent, and accurate in their responses to ensure they receive the coverage they need. Additionally, it is important for organizations to understand that cyber insurance does not cover fines and penalties associated with noncompliance.