Cambium Data Blog

If you are one of those business owners that has gone out of their way to pay cybersecurity insurance premiums, you probably think that they will shield you from situations that could put your business at risk. What if, however, you are just paying for the paperwork?

Picture this scenario: You suffer a ransomware attack, your business has to shut down in order to take this massive problem head-on, and rightfully, you file a claim expecting to activate the policy which you routinely pay for. Weeks later, you receive a denial letter over a technical requirement buried deep in the fine print.