Growing Cyberthreats, Surging Insurance Costs
Suzanne Smalley reports:
Higher education institutions seeking cybersecurity insurance today are not unlike homeowners living on the water in a hurricane-prone coastal community: the riskier the environment, the harder it is to get insured.
For both community colleges and four-year institutions, cyberthreats are now very pronounced, and that reality has led to more institutions facing cyberinsurance premium hikes of as much as 400 percent—or even discovering they are uninsurable.
Read more at Inside Higher Ed.