Lupe Peterman’s Post

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Senior Management Liability Underwriter🔥MSc in Information Security📜

Having worked in both industries, I am seeing some similarities between #security and #cyberinsurance.   Both tend to be an afterthought.   In some cases, security and cyber insurance are only considered after a business has suffered a security incident.    So why is it that the importance of both is disregarded by businesses?   I speculate the reason is the benefits of either are not fully understood.       Or possibly, businesses do not see themselves as needing it or perceive it as a bad investment.    Unfortunately, the value in both is typically not grasped until a loss is experienced. Hopefully when this occurs, protection is adequate and if not, adequate insurance is in place to help the business respond and recover efficiently.   A strong business case needs to be made for both.   

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