Two thirds of UK manufacturers lack cyber insurance cover

Cyber crime key on keyboard

AIG calls for greater awareness of the importance of cyber risk management after survey shows 48% of manufacturers have been victims of cyber-crime.

Nearly half of UK manufacturers have been victims of cyber-crime and a quarter of them suffered some financial loss or disruption to business as a result, according to a report by AIG and EEF.

Meanwhile 41% of businesses surveyed did not believe they have access to enough information to assess their true cyber risk.

In addition, 12% of manufacturers surveyed have no measures in place to mitigate against the threat of a cyber breach and are not buying protection, with two thirds of

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