Thursday, January 23, 2025

BIG Exclusives

Cyber insurance: the coverage you don’t know you need until you really need it

By Dr. Thomas P. Keenan Years ago, American radio storyteller Garrison Keillor described Lake Wobegon, the fictional community in which “all the children are above average”. It appears the same rosy view of the world has taken hold of U.S. and Canadian business operators when it comes to evaluating their cybersecurity practices. According to a study conducted by Ovum Consulting and commissioned by FICO, “a story of overconfidence emerges.” IT managers were asked to rate their...