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3:34
NBC News
Can cyber insurance keep up with the growing number of ransomware attacks?
Many companies are taking out cyber insurance to protect themselves from ransomware attacks. The average recovery cost from an attack went from $760,000 in 2020 to nearly $1.9 million in 2021. NBC News’ Jake Ward reports on the increasing insurance cost.
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Many people are surprised to learn that cyber insurance is relatively inexpensive. It covers data breaches, reputation management, compliance, and even business interruption from ransomware attacks. You might not be a big target, but you're still a target. Youtube: https://youtu.be/BppaCUQ7evc Spotify: https://open.spotify.com/episode/0eK2bjUncf6D8NJPWD1tCz?si=yNdGJGXnQLeJZf1J_b2Tpg Apple Podcast: https://podcasts.apple.com/us/podcast/the-insurance-crisis-dealers-cant-ignore-with-zach/id14493676
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