Despite increasing awareness around cyber security and the increasing frequency of data breach events, risk professionals and insurance underwriters don't have a complete picture of the true impact of data security, as told by claims data, according to the NetDiligence 2014 Cyber Claims Survey.
The cyber risk consultants sampled 117 data breach insurance claims, from carriers that include ACE, AIG, Chubb, Lockton, Liberty International Underwriters, OneBeacon, Philadelphia, Travelers, XL Group and Zurich NA.
Below, a summary of the company's findings. Click image to enlarge.
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