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Growth of Cyber Attacks Leading Insurers to Drop the Unprepared

Securing cyber insurance is becoming more difficult. Law firms are facing insurance carriers that are placing a heavier emphasis on proactive cybersecurity measures, dropping clients, and even exiting the cyber insurance space when the risk outweighs the premium.

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As cyberattacks grow, cyber insurance is increasingly becoming a cost of doing business at law firms. But securing that cyber insurance is also becoming more difficult. Small law firms are facing insurance carriers that are placing a heavier emphasis on proactive cybersecurity measures, dropping clients, and even exiting the cyber insurance space when the risk outweighs the premium.

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