Why Cyber Attacks May Soon Be Uninsurable: The Growing Threat to Business Security
Why might cyber attacks become uninsurable? As cyber attacks hit a year on year increase of 38% in 2022, Mario Greco, CEO of Zurich Insurance, told the Financial Times that “cyber attacks, rather than natural catastrophes, will become ‘uninsurable’ as the disruption from hacks continues to grow”. This is quite something when you consider that […]