Recent survey has revealed why media and entertainment businesses are prone to being infected with viruses, phishing scams, and data breaches. These companies possess massive information on important celebrities, which hackers would be craving to get their hands on. For instance, if a celebrated actor’s medical records were to go public, that could be highly damaging for the concerned person.
The media houses should therefore arm themselves with cyber security measures. Cyber insurance is one such measure that could be adopted for cyber coverage. The high profile information that these companies possess make them easy targets for cyber attacks. Cyber insurance can help with costs incurred post any such attack, as well as with mitigating risks and vulnerabilities in the event of an incident.