As cybersecurity insurance costs soar and state-backed attacks are harder to cover, companies must take threats more seriously

February 15, 2023

As cybersecurity insurance costs soar and state-backed attacks are harder to cover, companies must take threats more seriously

State-backed cyber attacks are on the rise–but they are not raising the level of alarm that they should in the corporate world.

When working with companies, my team often encounters executives who say they have insurance, so everything will be alright. Or, they say they are not likely to be targeted by state-backed attackers because their company doesn’t have any political or strategic importance.

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