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Cyber Insurance: Organizations in UK Most Likely to Have Coverage

November 27, 2018 | Content Aggregator - Single Slide | Cybersecurity Insurance

Three-quarters of U.S. organizations now report having cyber-risk insurance, up from 50% last year, when U.S. companies had the lowest levels of cyber insurance coverage of all countries surveyed. The UK currently leads the way, with approximately 90% of companies reporting having some cyber-risk insurance.
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Cyber Insurance Checklist

Cyber insurance is meant to respond to the risks an entity has due to its collecting, storing or handling of data, or its utilization of technology in operating its business. Think of cyber insurance as covering two types of loss: the harm you suffer (first party or direct loss) and the harm you cause (third party or liability). This checklist details key coverages.