Marsh predicts cyber insurance rush
Broker claims more than half of businesses surveyed will buy or seek quotes for cyber insurance in the next 12 months.
A survey of businesses across the UK and Ireland by Marsh has found that only 32% of respondents' organisations have assessed the estimated financial impact of a cyber attack and only 14% have a policy in place.
However the broker's findings also revealed that more than half of those surveyed plan to buy or seek quotations for cyber insurance within the next 12 months.
The UK & Ireland 2014 Cyber Risk Survey Report, published by Marsh, detailed that cyber risk now features prominently on the
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