Insurers can protect themselves against long-tail cyber breach events by implementing policies that consider potential future damages, setting aside appropriate reserves, and incorporating risk management techniques such as stress testing. By being proactive and prepared, insurers can better mitigate the financial impact of prolonged cyber breach events.
DataBreaches.Net: PowerSchool Faces Lawsuit Following December’s Breach of Student, Teacher Data
Blimey! Hold on to your tea cups as I recount the intriguing tale of an American education software provider, PowerSchool Holdings Inc., who are in