Around 50% of companies believe they have cyber insurance cover, but "it isn't the case", according to Richard Willis, eponymous founder of Willis Insurance and Risk Management. The reason is that most people don't understand what it means or how much protection their data will be given.
Around 50% of companies believe they have cyber insurance cover, but "it isn't the case", according to Richard Willis, eponymous founder of Willis Insurance and Risk Management. Half the companies attending the cyber security seminar in Belfast admitted suffering a data breach, with up to one-fifth unclear about what cyber insurance was.