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Wall Street Journal Quotes John Jacobus on Cyberinsurance Policies

September 18, 2017

The Wall Street Journal quoted John Jacobus in an article titled “Insurance Grows for Cyberattacks.” The article, published September 17, discusses how headline-grabbing data breaches have helped push more companies to buy stand-alone cyberinsurance policies. According to the article, getting a policy can be an incentive for companies to commit to security measures such as firewalls, encryption and regular software updates, to keep their premiums low.

Mr. Jacobus says, “It is the same as lowering your homeowners insurance by having an alarm system in your house.”

The full article can be read at The Wall Street Journal (subscription required).