Interest in cyber insurance and risk continues to grow as a result of high-profile data breaches.
The Identity Theft Resource Center says there have been 1,140 breaches in 2017, so far (as of November 1), surpassing the 2016 record of 1,093 breaches. There have been 171.6 million records exposed so far in 2017. The business sector accounted for 52% of the 2017 breaches and 91% of records exposed.
These figures do not include the many attacks that go unreported. In addition, many attacks go undetected.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.