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05

Third of UK businesses without cyber security insurance

Open-access content Thursday 1st June 2017 — updated 5.50pm, Wednesday 29th April 2020

Some 31% of UK firms are without cyber security insurance, despite the number of data breaches rising last year, according to a survey of corporate executives.

2

Research by FICO and Ovum reveals that only half of executives believe their investment in cyber security will increase over the coming year, and only 41% have a tested data breach response plan. Read the full article on our Predictions site here

This article appeared in our May 2017 issue of The Actuary.
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