The national cyber insurance market continues to grow and four key trends have recently been identified. These trends include a surge in the number of identities impacted by a breach surge, an increase in cost of remediation, ransomware emerging as a cause of loss for businesses, and the average loss exceeding $100,000. Ransomware, hacking attacks, and phishing are all key issues to be wary of for any organization. Furthermore, cyber attacks related to the Internet of Things are likely to increase. Check out this article to learn more about in depth insights on the trends and predictions in 2018 and how they could impact your law firm.
To view the NAS 2018 Cyber Claims Digest click here.
