Tag Archives: cyber insurance

Can businesses afford to ignore cyber insurance?

      Comments Off on Can businesses afford to ignore cyber insurance?

As the threat of cybercrime grows in quantity and scale, so too does the need for insurance cover. CFC, which recently came out top in the Insurance Times Cyber Product Report, is a pioneer in cyber insurance. The London-based specialist lines insurance provider has witnessed a dramatic rise in the… Read more »

Share

Cyber insurance increasingly important

      Comments Off on Cyber insurance increasingly important

Confirming the World Economic Forum’s view that cyberattacks rank alongside natural disasters as the most serious threats to civilisation, Lloyd’s of London now estimates that a serious hack could cost the global economy as much as major recent hurricanes such as Harvey, Maria, Irma, and Katrina – in excess of… Read more »

Share

Report shows lack of cyber insurance amongst businesses

      Comments Off on Report shows lack of cyber insurance amongst businesses

A UK government report has revealed that only about 2% of UK firms have significant cyber insurance in place even though 81% suffered a security breach in some form in the last 12 months. It was also revealed that the vast majority of smaller firms weren’t even aware that cyber… Read more »

Share