PriyaPatel
TLDR:
Key Points:
- Resilience has introduced a new Technology E&O coverage option for US businesses to manage cyber risks.
- This move aims to address the evolving needs of businesses in the digital age.
Resilience, a cyber risk management firm based in San Francisco, has launched a Technology Errors & Omissions (E&O) coverage option for US organizations with revenues between $300 million and $10 billion. This offering is designed to complement existing cyber insurance solutions and provide a comprehensive risk management strategy for technology-related liabilities.
The introduction of E&O coverage by Resilience reflects the changing threat landscape in cybersecurity, with cybercriminal tactics becoming more sophisticated. By integrating attack surface management and proactive risk reduction, Resilience aims to enhance security outcomes for its clients and adapt to the multifaceted nature of cyber risks.
Resilience’s expanded offerings are expected to redefine the cyber insurance landscape for US businesses, highlighting the importance of specialized insurance products in the digital economy. By providing more holistic risk management solutions, Resilience aims to guide companies towards more resilient operational paradigms in the face of ever-evolving cyber threats.
