Cyber Risk Exposure Scorecard Summary Questions
In recent years, cyber attacks have emerged as one of the most significant threats facing organisations of all sizes. The Internet and other network operations have created risks that were non-existent less than a decade ago. When cyber attacks (such as data breaches and hacks) occur, they can result in devastating damage, such as business distruptions, revenue loss, legal fees, a permanently tainted reputation, and more.
It is important to remember that no organisation is immune to the impact of cyber crime. As a result, cyber liability insurance has become an essential component to any risk management programme.