Lydia Zhang, President & Co-Founder, Ridge Security, believes that this move will do little to curb criminals intentionally targeting organizations known to have strong policies: “It’s ironic that cyber insurance has become a viable solution. Without thorough security testing or a widely accepted industry standard established before setting cyber insurance terms, it opens the door to hackers who can then target organizations with the highest insurance coverage.”
Cyber Insurance Cost Spikes Continue in UK as Annual Numbers Triple
