Business Interruption and Cyber Insurance: The Role of External Counsel, Brokers, and Approved Third-Parties in Crisis Management

In an ever-evolving digital landscape, businesses must be prepared for unexpected disruptions and cyber threats. Business Interruption Insurance and Cyber Insurance provide vital protection in such scenarios. However, having the right coverage is only one part of the equation. To effectively navigate a crisis, businesses need support from external counsel services, insurance brokers, and approved …

To Pay or Not to Pay a Cyber Ransom: Hobson’s Choice in Crisis Management

Businesses and organizations today face increasingly sophisticated cybersecurity threats, such as ransomware attacks. When faced with such a crisis, leaders often find themselves in a predicament, grappling with the question of whether to pay or not pay a cyber ransom. This conundrum can be described as a Hobson’s choice, a term coined in the 17th …