I am not surprised by the constraints. School District reports a 334% hike in cybersecurity insurance costs.
Insurance costs went from $6,661 in 2021 to $22,229 in 2022.
"In light of events that have negatively impacted the Cyber Insurance market, SSCIP was unable to initially find the required coverage for the group," mentions the memo.
Suburban School Cooperative Insurance Program (SSCIP)
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