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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By Duncan Sutcliffe
As an insurance broker my clients expect me to appraise what is valuable and important to their business, assess the potential threats, the consequences of an incident and then advise on ways to reduce the risks and recommend relevant insurance to mitigate any potential losses. When it comes to Cyber Risk - and despite the constant warning from government, experts and the media - getting business owners to act responsibly is tough.