Demand for cyber insurance on the increase

by Tony on 24/11/2010 in Cyber Liability Insurance

Businesses as well as private individual should be concerned following the news that a UK computer hacker has been jailed for 18 month for compromising a huge number of systems, exploiting them for his own financial gain. Even though law enforcement is using increasingly sophisticated means to track down hackers and bring them to justice, businesses can still suffer financial loss.

We have certainly seen an influx in demand for cyber liability insurance and as the market for this class of insurance expands the premium have dropped to levels that are more affordable to SME’s

Cyber Liability Insurance, news