The scale, frequency and magnitude of cyber-crime is truly alarming and getting worse. Recent highly publicised attacks have served to push the issue much further up the management agenda to the extent that only the foolhardy would now argue that cyber-security is not a board level issue.
We recently did some research into the attitudes of the IT departments to cyber-insurance. Some of our key findings are in this infographic. You can download the full report from here.
Last week I blogged on the challenges facing IT pros whose companies are investing in cyber insurance, you can read it here.
In a report released this week insurance giant Allianz said increasing awareness of exposures and regulatory change would lead to “rapid growth” in cyber insurance.
For the information security professional a data breach is the worst case scenario but must also be considered an occupational hazard.
