3 Types of Cyber Insurance You Need to Know About

As the world becomes more digitized and cybercrime increases, the need for cyber insurance is something businesses should not overlook. If your company handles, transmits or stores sensitive data, you need to know about cyber insurance.

Cyber insurance is intended to protect businesses from the monetary losses arising from a cyber incident that could jeopardize their future.

AGCO has suffered a ransomware attack

They manufacture and sell tractors, combines, foragers, hay tools, self-propelled sprayers, basically anything you would need to work on a farm. This industry has been under attack lately from many different aspects, not just cybercriminals. Still, it's been in the news that the food and processing industries are really under attack with various events.

Toyota Shuts Down Due to Cyber Attack

Today, a cyberattack came out against a major vehicle manufacturer. Want to learn more? Well, you can learn who got hacked and find out what is actually going on.

Toyota, a major car manufacturer, out of Japan has recently announced that they've been hit with a cyberattack and they had to shut down operations.