Interview with InformationWeek
The cyber insurance market is still trying to work out what it is actually offering. Not so long ago, it was a simple product, available at a reasonable price under simple, easily comprehensible conditions. Now, in the wake of increasing ransomware attacks and astronomically expensive collateral damage, the market has hardened.
Denials are common. Litigation is increasing. And clients are taking a gimlet-eyed look at their budgets. Is cyber insurance actually even worth it?
In this interview with Richard Pallardy from InformationWeek, Guidehouse provides advice on the importance of a transparent and collaborative relationship between insurer and insured.