Local Governments Struggle with Hikes in Cyber Insurance Premiums 

“’We’ve been seeing the cost of cyber insurance increase for years now, but this year it went to a whole new level,’ said Michael Zurlo, president of the New York State Association of Counties and the Clinton County administrator. It’s a kind of insurance local governments can’t be without, Zurlo said…This year, Clinton County paid some $48,000 for its cyber coverage, he said. The estimated premium for the coming year is $72,000 — a jump of 50%, Zurlo said”

 

Source: Local governments cope with costly but needed cyber insurance | Local News | lockportjournal.com

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