Our vice president, Sandy Ferreira sat down with PBN finance reporter, Megan Fernandes, to discuss the latest trends in cyber insurance and how it’s a constant battle changing everyday.
Property, professional liability and workers compensation are all insurances that most businesses commonly invest in, but what about cyber insurance?
Sandra Ferreira, vice president of Atlas Insurance said that most people think that they are covered for cyber attacks through other general policies, but they are wrong.
“It’s a hot topic right now among businesses,” Ferreira said. “Most insurance policies don’t pay for the regulated fines and penalties after an attack.”