by Bharat Mistry
Cyber security insurance has been offered in some form or another for years. But with Lloyd’s of London recently claiming a 50% increase in demand, UK firms finally seem to be waking up to the benefits. On paper, it can provide much needed financial security in the event of a major data breach, DDoS attack or other cyber incident. But in the fast-moving world of online threats, corporate insurance policies can only go so far.
IT leaders must come to view cyber insurance as complementary to, rather than a replacement for, a comprehensive information security programme. Continue reading