Ransomware Damage Claims Driving Insurance Hikes

Cyber insurance costs are going up and SMBs are suffering. Jim Goldman tells us why.

Pricing cyber insurance policies is incredibly complex and hinges on many factors. Cybersecurity author, speaker, editor, and analyst Deb Radcliff sat down with Trava co-founder and CEO Jim Goldman for @SecurityWeekly about the rising costs of cyber insurance policies for SMBs.

Jim starts off with, “Up until two years ago, cyber insurance was incredibly cheap. Since then, the costs have doubled, tripled, then quadrupled while the actual level of coverage goes down.”

He continues the Q&A with valuable insights on how to make cyber insurance less confusing and more affordable, and how insurance brokers can help.

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