When you think about insurance, chances are you think about your car insurance or your home insurance. Maybe you even think about life insurance. I’m fairly certain you have never thought about cyber insurance and — spoiler alert — you really need to. Let’s talk about what it is, why it is and if you should be pondering shopping around and purchasing a cyber insurance policy.
First things first, when you hear cyber-anything your immediate thoughts may jump to computers. That’s reasonable, since the words “cyber” and “online” and “computers” tend to be used interchangeably. However, the exposure you have and the losses you may suffer extend far beyond your computer screen. It isn’t about simply not clicking on links from people you don’t know (you do know not to do that, right?) and the rest will be OK.
