Food Manufacturers Grab Unseen Savings on Cyber Insurance
Key Factors Influencing Cyber Insurance Costs
Several factors can influence the cost of cyber insurance for food manufacturers. These include the size of the company, the volume of sensitive data handled, and the current level of cybersecurity measures in place. Companies with comprehensive risk management strategies and a proactive approach to cybersecurity are often viewed more favorably by insurers, resulting in lower premium costs3.