Andrew Gibbs, a member of Lindabury’s Cybersecurity & Data Privacy practice group, is quoted in a recent issue of NJ-ROI concerning the confusion surrounding the argument to purchase insurance protection plans focusing on cybersecurity issues. Andy says, “Cybercriminals are starting to target smaller and mid-sized businesses. Those companies need to start making this more of an important consideration. It’s true that a lot of companies might still be saying, ‘I’m not sure I need this — it’s too expensive but the reality is, this insurance is not that expensive compared to the actual cost of a loss from a cyberattack.”
You can read the full NJ-ROI article here.