Your organization needs cyber insurance. Why? Over 80% of organizations experienced at least one successful phishing attack in 2021, and 54% experienced a cyberattack in the last 12 months. Considering the average cost of a data breach was $4.35 million in 2022 – and even higher in the healthcare industry at $10.1 million – cyber insurance is a business concern that urgently needs your attention. But getting and keeping cyber insurance coverage is increasingly challenging in today’s market – as is getting your claims approved. And even when your claim is approved, you may have insufficient coverage to compensate you. Only 19% percent of organizations have cyber insurance coverage over $600,000, while the average ransomware payment in 2021 was over $810,000.
Revisit this webinar where Imprivata’s Dan Borgasano, vice president of solutions marketing, Brian Cayer, CISO at Keck Medicine of USC, and Esmond Kane, CISO at Seward Health Care, share more about how they are tackling the cyber insurance challenge.
