1057 days ago • Posted by Martin Boujol
The cost of cyber insurance is on the rise
Like the great fire of London forged the property insurance market in the UK, the recent cyber attacks have sprouted the growth of the cyber coverage market. Insurance companies now also provide emergency support services and financial compensations. The change in US premium was of around 11% for Q4 2020 and well above 16% for Q1 2021.
Source: FT