The world of business changed so much in the last year. When companies sent employees to work from home at the start of the Covid-19 pandemic it sparked massive growth in digital footprints. That growth provided more opportunities for cybercriminals to infiltrate organizations, putting small and mid-size businesses at greater risk, given their already limited budgets and resources dedicated to cybersecurity.
The good news? That same growth in digital footprint ultimately gives cyber insurance companies more information to assess the individual risk profile of each policyholder, to support more precise underwriting and to help protect clients.