The constant threat of cyber attacks on businesses globally has led to vast sums of money being spent to protect against them.
Both large and small businesses are forced to take precautionary steps to safeguard sensitive information of their employees, partners and clients, including purchasing a comprehensive cyber liability insurance policy.
Another survey, conducted onsite at the Risk and Insurance Management Society Conference in San Diego in May, found that nine out of 10 businesses were attacked in 2015 — citing also that cyber attacks increased by 21% from 2015.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
Trudy Knockless
Trudy Knockless is a reporter on ALM Media's Business of Law desk. She has a background serving legal and insurance publications. Contact her at [email protected] or on LinkedIn at Trudy Knockless.
