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Cybersecurity Insurance Law Technology Media and Telecom

Cyber Insurance Costs Are on the Rise, But Law Firms Can’t Afford to Forgo It

While law firms are feeling first-hand the impact of a cyber insurance market struggling to stabilize, the full extent of all the changes have yet to fully hit home.


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So much for peace of mind. Over the past year, obtaining and keeping cyber insurance has almost become an exercise in crisis management. With insurers leaving the market, applications becoming more demanding, policy coverage shrinking and premiums hitting record levels, a rising number of law firms are deciding to forgo insurance altogether.

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