Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Firms must be vigilant while purchasing cyber insurance: Official

Reprints

Leon Fouche, an official at advisory firm BDO, has warned New Zealand-based firms against jumping straight into buying cyber insurance as cybercrime incidences rise, Stuff.co.nz reports.

Cyber liability insurance policies are becoming more popular in New Zealand.

Mr. Leon said insurers are limited in their ability to develop robust risk modelling for the costs of cyber attacks due to lack of reliable data, resulting in restrictive terms and exclusions in policies.

Mr. Leon has asked firms to do a comprehensive risk assessment before buying such a policy.

Read more