Take a look at the five steps integrators and their clients should take in response to a breach as part of an insurance claim.
Written by INSUREtrust’s Hunter Maskill
Security Business Magazine – October 2021 Issue
“Everywhere you look today, ransomware is at the top of the news cycle. Earlier this year, major cities on the Eastern seaboard ran out of gas when a ransomware attack took Colonial Pipeline offline. JBS Foods, Quanta Computer and CNA Financial are just a few other examples of attacks that have had severe financial consequences.
While these attacks grab headlines, 37% of attacks are perpetrated on companies with less than 100 employees and 39% on companies with 101-1,000 employees, according to research by ransomware mitigation provider Coveware. That means every company needs to be prepared to deal with ransomware – including integrators. This means understanding the elements and timeline of a claim.”