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International

Cyber insurance covers majority of companies at least partially

December 29, 2022 Reprints

According to a survey in the U.K., 77% of companies believe that their insurance covers them at least partially against the risk of cyber attacks, a marked improvement on a previous survey in 2018, when only 30% of large businesses had cyber-specific cover in place, City A.M. reported. The survey found that 79% of respondents have experienced a cyber attack this year, with 50% of those attacks resulting in a loss of data or revenue.

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Cyber insurance covers majority of companies at least partially

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