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ARTICLE · 20 AUGUST 2021

Insurability: The Long Term Impacts Of A Cyber Attack

Your next step will be to invest in cyber security or increase your current safeguards.

CanadaInsurance

If your business has been a victim of a cyber attack, you are well aware that the immediate priorities are to resume operations as quickly as possible and protect your information, requiring engaging with emergency cyber security consultants or paying a ransom. Your next step will be to invest in cyber security or increase your current safeguards.

Once you have resolved your cyber attack and implemented new processes and policies you may think your business is now safe, but what about the long-term impacts of the cyber attack? How will this effect the future of your business' operations?

Applying for Cyber Security Insurance

Crowe MacKay's technology consulting team have been assisting clients in reviewing their cyber security insurance policies, and have observed how the landscape of cyber insurance is changing, specifically surrounding the types of questions insurers are asking businesses.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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