The US Internet Crime Complaint Center (IC3) received more than 880,000 cybercrime complaints in 2023. Overall financial losses from cybercrime last year reached $12.5 billion, a record-setting year-over-year increase of...more
9/25/2024
/ Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
Hackers ,
Insurance Industry ,
Personal Data ,
Policy Exclusions ,
Policy Terms
SB 553 does not appear to have any impact on the type of insurance a company must purchase or what insurance coverage is available in the event of a WVE. Additionally, failure to comply with SB 553 should not result in...more