Last year saw alarming growth in the number of cyberattacks targeting U.S. school districts, and the costs of ransomware attacks continued climbing as well. As a result, cyberinsurance premiums are expected to skyrocket this year as insurers crack down on the amount of risk they’ll accept — and they’re starting to require organizations requesting a quote to prove that their network security is in tip-top shape, industry experts said.

Cyberinsurance premiums have begun climbing for organizations across all sectors, and it’s projected that policies will be 100% to 300% more expensive for organizations that do not have “best-in-class” security controls in place — if they are provided a quote at all.

Chris Ripkey, ConvergeOne Senior Director of Cyber Security, shares cyberinsurance tips and more in this article, which is featured in both THE Journal and Campus Technology.
Read it now.

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