ABI Notes UK Government Report Shows Rising Cyber Crimes

The Association of British Insurers (ABI) has noted that the latest UK Government crime figures, released on Monday, “show a rise in recorded crime due to cyber offences being recorded for the first time.

Matt Cullen, the ABI’s Head of Strategy, commented: “Cyber crime is increasingly putting businesses at risk and causing financial hardship for families. For some businesses, hackers are now the biggest crime threat they face.

“Cyber insurance is growing because it is a complete package – helping firms thwart the criminals and providing the finance and technical support to recover from any hack or data loss.”

The ABI is hosting a Cyber insurance webinar on October 21, 2015.

Source: Association of British Insurers (ABI)