In May, a piece of ransomware known as "WannaCry" paralyzed businesses, government entities and Great Britain's National Health Service in one of the largest global cyberattacks to date.
The following month, it was "Petya," another massive cyberattack that crisscrossed the globe, bringing Russian oil companies, Ukrainian banks and a mass of multi-national corporations to their collective knees.
As the frequency of cyber attacks reach epidemic proportion, cyber liability insurance has evolved in kind. Yet, many businesses still lack adequate protection.
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