The Association of British Insurers (ABI) has noted that the latest UK Government crime figures, released on Monday, “show a rise in recorded crime due to cyber offences being recorded for the first time.
Matt Cullen, the ABI’s Head of Strategy, commented: “Cyber crime is increasingly putting businesses at risk and causing financial hardship for families. For some businesses, hackers are now the biggest crime threat they face.
“Cyber insurance is growing because it is a complete package – helping firms thwart the criminals and providing the finance and technical support to recover from any hack or data loss.”
The ABI is hosting a Cyber insurance webinar on October 21, 2015.
Source: Association of British Insurers (ABI)
Was this article valuable?
Here are more articles you may enjoy.
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
Jury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
Experian Launches Insurance Marketplace App on ChatGPT 
