FreightWaves, has published an article on the importance of cyber insurance for logistics and supply chain businesses. It highlights the increasing risk of cyberattacks on these businesses and the potential financial and reputational damage that can result.
Cyber insurance can help logistics and supply chain businesses to mitigate the risks of cyberattacks and to recover from any damage that does occur. The article discusses the different types of cyber insurance coverage that are available, and the factors that businesses should consider when choosing a policy.
Freightwaves also provides a number of tips for logistics and supply chain businesses to help them protect themselves from cyberattacks.
The Tips:
- Implementing strong cybersecurity measures, such as firewalls, intrusion detection systems, and antivirus software.
- Regularly backing up data and storing it in a secure location.
- Training employees on cybersecurity best practices.
- Having a cyber incident response plan in place.
Like any insurance, cyber insurance is an essential risk management tool for logistics and supply chain businesses. In today’s increasingly digital world, businesses of all sizes need to be prepared for the possibility of a cyberattack.
Read it all over at Freightwaves
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