Anyone Want Cyberinsurance?
from the maybe-not dept
It seems insurance companies are increasingly looking to offer cyberinsurance to companies afraid of getting hacked. The problem is that it's unclear if anyone actually wants such a thing. Most companies don't like to admit when they're hacked - and it's tough to determine the actual monetary damage caused by being hacked. Furthermore, since it's all so new the insurance companies don't really know how to price it. Either way, a lot of people seem to think that cyberinsurance will become more commonplace in the future.
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