Cyber insurance and the escalating need for digital risk mitigation in business and personal life

When the internet was originally developed and conceived, neither its users nor its inventors had any concept of the enormity and consequence of sharing information and connecting through cyberspace. Businesses, individuals, and countries around the world are now dependent upon this vast network of invisible connections and information. While dependence has encouraged innovation and economic development, it has also created a fragile structure that is subject to disruption by a few determined, creative, and well-placed individuals. For these reasons, cyber businesses are beginning to consider various ways to properly protect themselves. Chief among these is through investing in Cyber Insurance.