Cyber insurance is a more recent type of insurance but has grown to prominence in the
past decade. The reason for this is not far-fetched with the ever increasing cyber-attacks
all over the world. It has become expedient for businesses, irrespective of the
scale, to buy cyber insurance. While buying cyber insurance, there are quite a
number of tips you may want to consider – especially if it your first time.
In
today’s post, we will be looking at the importance of selecting your own
vendors and legal counsel. Most people just opt for and buy cyber insurance
without really knowing the fundamentals of the policy. You should always ensure
before purchasing the policy, you let the insurer know you would be picking
your vendors and legal team.
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