Connected Magazine

Demystifying cyber insurance in a world dependent on technology

It stands to reason that insuring against things going wrong is a good idea. But just what is cyber insurance, and should you have it?

The growth of the importance of cyber insurance reflects the changing nature of the way companies have done business in recent years.

Cyber insurance as a term can mean many things to many people and can cover anything from the losses associated with technology failing to function right up to security breaches that damage the reputation and basic functionality of a company. So is this something just for big companies, or should SMEs with a heavy reliance on tech have it too?

“With an increasing number of cyber criminals actively targeting Irish businesses, a cyberattack that brings ...