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Cyber Insurance·Cybercrime

Baltimore to Buy $20M in Cyber Insurance Months After Attack

The city of Baltimore is set to purchase $20 million in cyber insurance coverage, five months after an attack hobbled its computer network. The city’s Board of Estimates on Wednesday approved the purchase of two $10 million policies. The premiums will total $835,000. The post Baltimore to Buy $20M in Cyber Insurance Months After Attack appeared first on SecurityWeek.

The city of Baltimore is set to purchase $20 million in cyber insurance coverage, five months after an attack hobbled its computer network.

The city’s Board of Estimates on Wednesday approved the purchase of two $10 million policies. The premiums will total $835,000.

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