In today's hyper-connected world, cyber attacks threaten businesses, municipalities, and individuals alike. The recent ransomware attack on the City of Hoboken demonstrates the devastating consequences of cybersecurity vulnerabilities.

Cyber threats are no longer a distant concern for Canadian businesses—they are an everyday reality. Ransomware attacks, data breaches, and the financial fallout of cyber incidents have pushed more companies to secure cyber insurance, but coverage is evolving rapidly.