Authored by Sara Weathers

Cyber-attacks have become more prevalent over the past few years and if the United States were to enter into war, President Joe Biden stated that there could be “a cyber breach of great consequence”.

The amount of technology available today is something that the world hasn’t dealt with in wartimes yet. Max Smeets, director of the European Cyber Conflict Institute, recently said that it’s not clear what is allowed and what isn’t when it comes to cyber-attacks. According to a recent Insurance Business Magazine article, no treaties exist to safeguard against any attacks that were to take place.

Now more than ever, businesses should have cyber security plans in place, along with cyber insurance should these plans fail. Advocap Insurance, Inc. is happy to answer any cyber insurance questions you may have, so don’t hesitate to reach out via our website or phone call.