ABI details Cyber Risk Insurance on its website
The Association of British Insurers (ABI) has updated its website with regards to Cyber Risk Insurance in the last few days. Whilst content is restricted, comment is made not only on insurance, but on UK and EU Cyber Risk initiatives, risk management and coverage available.
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Following the reports from the BBC on the challenges facing some energy companies in obtaining cyber insurance CRE helped CRIF get out our message on the need for a more mature and integrated approach to the management and cover of Cyber Risk.
The BBC article stated that "... a number of energy companies had bee refused cover because of inadequacies in their cyber security"