Many of you will be aware of the recent ransomware attack in Atlanta that shut down parts of the government there. It seems more businesses are turning to Cybercrime insurance policies to cover potential losses and mitigation costs. The State of Georgia has one of the largest policies to cover almost every state agency in the event of future security breaches. As a business owner, you need to consider the impact of Cybercrime including ransomware or hacking and how you would respond. Now would be a great time to discuss this with your insurance agent to determine what coverage you may already have or whether you can add this type of coverage for your business.
For more information:
https://www.microsoft.com/en-us/wdsi/threats/ransomware