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Survey Roundup: More Companies Warming to Idea of Cyberinsurance

June 9, 2014View for printing

Rising Cyberthreats Fueling Drive for Insurance. A cyber risk survey conducted by insurance firm Munich ReMUV2.XE -0.09% found more than three-quarters of the mid-sized to large U.S. companies surveyed said they will have cyberinsurance in the next year. The survey of more than 100 risk managers found 82% saying the cyberinsurance policies available on the market are adequate to meet their coverage needs. Of the 23% of companies that said they don't plan to buy insurance, nearly nine in 10 said current coverage options don't meet their needs or would not be relevant for their business.

By Ben DiPietro

Wall Street Journal

Full Story: http://blogs.wsj.com/riskandcomplian ... kcompliance
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Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.


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