Does my business need cyber insurance?
A business needs cyber insurance if it deals with a large amount of private or sensitive data, or if it uses payment card information. A business may also need cyber insurance if it has a large computer network which would cause significant interruption to the business if it was to malfunction.
Does Work-From-Home Work for Your Company's Cyber Insurance?
It is critically important for insureds to understand their rights and obligations under both policy language and applicable law. Now what is different is the impact that work-from-home may have on the attestations many cyber policies require insureds to make about network security.