Friday, 10 April 2015

UK Cyber Insurance Demand Rockets After Breaches


Cybersecurity insurance finally appears to be coming of age in the UK after Lloyd’s of London reported a 50% year-on-year increase in submissions during the first quarter. 
The news from Lloyd’s, one of the world’s largest insurance marketplaces, will provide a hefty PR boost for a fast-growing industry which appears to be expanding on the back of a series of high profile data breach incidents last year. 
These include a destructive cyber-attack on Sony Pictures Entertainment which led to the leaking of sensitive data and the deletion of key files, and the audacious...

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