In the recent Law360 article, “Cybersecurity & Privacy Policy To Watch In 2022,” Martin Tully shares his thoughts on how increased ransomware attacks and cybersecurity threats will affect organizations in 2022.  He anticipates that companies will need to take a different and more comprehensive approach to security programs moving forward. 

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“Everyone who's redone their cyberinsurance this past year has said it's a much more extensive and expensive process and insurers have become much more sophisticated in assessing and pricing the risk,” Gesser said, adding that this growing scrutiny is “incentivizing companies to invest in better protections to obtain more robust coverage.”

Martin Tully, a partner with the eDiscovery and information law firm Redgrave LLP, added that these enhanced insurability factors will in the coming year "continue to be a catalyst for organizations to more rapidly and robustly implement industry-standard data security programs to comply with insurance requirements and qualify for lower premiums."

Read the full Law360 article here.