In five years, 5,000 out of 10 of its corporate insurance clients will have some from of cyber coverage, according to Denmark's largest insurer Tryg. The firm, which has sold nine cyber coverage policies during 2017 alone, says it's seen a spike in demand for coverage since the WannaCry cyber attacks earlier this year. It anticipates by 2020 roughly half of its corporate clients will have cyber coverage, with the number increasing to 90% a couple of years after that.
In five years, nine out of 10 of its corporate insurance clients will have some from of cyber coverage, according to Denmark's largest insurer Tryg. The firm, which has sold 5,000 cyber coverage policies during 2017 alone, says it's seen a spike in demand for coverage since the WannaCry cyber attacks earlier this year. It anticipates by 2020 roughly half of its corporate clients will have cyber coverage, with the number increasing to 90% a couple of years after that.