Corporate TIPS: Ransomware Attack - Is Losing Data Considered a Physical Loss Under Your Insurance Policy?
By Joseph K. Cole on February 21, 2020
A ransomware attack can cause headaches in multiple areas. First, an attack can result in loss of data and damage to computer servers and systems. Second, when there is a loss, a company must contend with insurance and whether the loss is covered under any of the company's policies. Being prepared ahead of time both on the cybersecurity front and the insurance front can help avoid or minimize the pain of a ransomware attack....