News

MGA issues cyber warning as businesses ’underestimating’ vulnerabilities

By 2025-05-12T14:00:00

Cyber attack

‘The frequency of cyber attacks and subsequent loss and disruption is significantly higher than the occurrence of other perils that firms look to insure against as standard,’ says head of cyber

Just 47% of UK and Irish businesses have cyber insurance, despite being more likely to be the target of cyber attacks than to suffer flood damage.

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