Commentary By Michael D Ford

Commentary By Michael D Ford

July 31, 2017 | Daily Business Review

Despite Frequency and Awareness, Cyberinsurance Market Lags

Cybercrimes have been dominating our politics, our finances and our national security. Not a day goes by without news of another cyberattack, hacking scheme or massive data breach. They range in scale from simple identity theft of credit card numbers or online passwords to the recent WannaCry attack by North Korean hackers that disrupted computer systems in English hospitals, Chinese universities and German railways. According to the Identity Theft Resource Center, U.S. companies and government agencies suffered a record 1,093 data breaches last year, a 40-percent increase from 2015, writes attorney Michael D. Ford.

By Commentary by Michael D. Ford

9 minute read