TL;DR: Cyber liability insurance is essential, but premiums are increasing, and numerous exclusions exist. Important steps to lower premiums include preparation, articulating your risk, and demonstrating progressive improvement in security through measurable metrics. Cyber liability insurance has become an important component of every organization’s cyber strategy. There are several benefits…

*** This is a Security Bloggers Network syndicated blog from Blog – Balbix authored by Umang Barman. Read the original post at: https://www.balbix.com/blog/six-step-cyber-insurance-policy-playbook/