The growth and sophistication of modern fraud and cyber security attacks has necessitated adaptable countermeasures by for-profit and non-profit organizations alike.
Of these countermeasures, the emergence of niche cyber crime/fraud insurance (e.g. cyber liability insurance) has given credence to the ethos that such attacks are not a matter of “if” but “when”.  One of the benefits of these forms of insurance is anticipating the pernicious reality of the causes of cyberattacks: vulnerabilities may arise from factors internal to an organization, as much as threats external to it. However, such policies similar to all insurance policies are not without their limits.