Cybersecurity, insurance execs see opportunity in Equifax data breach
It's too soon to tell just how many millions or even billions of dollars insurers may have to shell out as a result of this summers Equifax breach, but cybersecurity and insurance professionals say the impact from this event will be lasting.
By Elana Ashanti Jefferson|September 14, 2017 at 10:19 AM
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The cyber liability insurance market is likely to morph in the near future as a result of the massive Equifax data breach, according to some industry executives.
It’s too soon to tell just how many millions or even billions of dollars insurers may have to shell out as a result of this summer’s Equifax breach, which the company says impacted 143 million people in the United States, Canada and the United Kingdom. But cybersecurity and insurance professionals say the impact from this event will be lasting.
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