Data breaches and ransomware attacks are increasingly driving US companies into bankruptcy and out of business. Such incidents cost firms worldwide an average of $4.9m, rising to nearly double in the US. Cyberattacks have more than doubled since the start of the pandemic, according to the International Monetary Fund. Meanwhile, US alcohol distributor Stoli Group and background check provider National Public Data have both gone bankrupt, partly due to such attacks.
TATA AIG Introduces CyberEdge, A Cyber Insurance Solution for Businesses – Elets
TATA AIG has launched CyberEdge, a cyber insurance solution aimed at businesses. The product will help businesses protect themselves from cyber threats and potential financial
