Cyber insurance: 80 percent of customers with claims
Cyber insurance is in demand, but most of them hardly want to cover the risks anymore: almost 80 percent of the companies that have taken out cyber insurance have already made claims with their insurer, more than half of them more than once. This is the result of a survey* by Delinea, the specialist in privileged access management (PAM) solutions for seamless security. As a result, insurance companies are increasingly withdrawing from covering critical risks. For example, damage caused by ransomware or costs for data recovery are no longer covered by the policy of around 50 percent of the companies surveyed. In doing so, the…
