Insurers are navigating a difficult environment.
Over 80 per cent of all cyber policies owned by small businesses.
Brokers noted as a weak point in the insurance industry supply chain.
With artificial intelligence, the opportunities are immense, but so are the risks.
Smaller organizations more exposed to risk than their larger counterparts.
Ransom payments resulted in data recovery only half of the time in 2024.
However, issues related to risk, compliance, data security, and privacy have slowed the pace of adoption.