Cybersecurity insurance premiums continue to rise, even while insurers reduce the amount of damages covered. In this session, we’ll explore the reasons for the change in rates and coverage, and how education institutions and other public sector organizations can use proactive cybersecurity strategies to minimize premium increases in the face of more frequent security threats.
In this session, you’ll learn:
- Why cybersecurity premiums are climbing while coverage amounts are reduced
- How trends in ransomware attacks and other security threats influence the cybersecurity insurance market
- Proactive steps institutions can take to demonstrate cybersecurity preparedness, minimizing premium hikes