Cannabis Connect Insurance, an Acrisure Partner’s Post

As cyberattacks continue to rise, businesses have implemented more robust risk controls, resulting in reduced insurance costs. In 2024, cyber insurance premiums dropped, following a similar trend from the previous year, despite ransomware attacks increasing by 218% in 2023. Fewer businesses are paying ransoms, and companies have better backup systems and employee training to mitigate risks. However, cyber insurers are introducing new exclusions, including war risks, regulatory risks, and wrongful data collection, which could limit coverage for specific incidents. Learn more in our blog: https://lnkd.in/gj8MJprH #cyberattacks #cybersecurity #cyberinsurance #cyberrisks #cyberprotection #insurance #businessinsurance #riskmanagement #blogpost #cannabisconnectinsurance #acrisure #acrisurepartner

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