Coalition’s incident response lead on ransoms, efficient data backups, and why it’s never too late

As the threat of cyber attacks continues to grow, it becomes more and more apparent that companies and their risk managers should have plans in place if the worst comes to pass. With a proper cyber insurance policy in place and the support of incident response teams, dangers like malware and ransomware can be more easily tackled, especially in an environment where bad actors are becoming more confident, emboldened by digital advances.

In conversation with Insurance Business’ Corporate Risk channel, Coalition incident response lead Leeann Nicolo (pictured above) said that the most important thing to remember is that regardless of severity of the breach, awareness of the situation should always be number one.

“It’s important to ask what data you have, what kind of legal obligations, etc. But in terms of the priority, I think that the most important thing, at least

 » Read More