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⍰ ASK How does the adoption of new technologies by a company affect its cyber insurance needs?

When a company starts using new technologies, its cyber insurance needs change. This is because the digital risks in business keep changing.

Using things like cloud computing, artificial intelligence, and Internet of Things device makes a compan more vulnerable to cyber threat. Cyber insurance has to keep up and offer coverage that fits these new risks. It about protecting the company from financial losses, damage to its reputation, and disruptions in how it works.

Dealing with these new technologies is complicated, so the insurance has to be smart. Companies need coverage for their own expenses, like getting data back and dealing with business interruptions.
 

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