Source |
Network World |
Identifiant |
310071 |
Date de publication |
2017-02-09 04:48:00 (vue: 2017-02-09 04:48:00) |
Titre |
What cyberinsurance gotchas companies must be ready for |
Texte |
Insurance challengesImage by ThinkstockBusinesses shelled out $2 billion in cyber insurance premiums in 2015 but current projections show that astronomical growth rates will result in a market of over $20 billion by 2025. The single biggest challenge faced by insurance companies today is the lack of actuarial data on cyber attacks which makes pricing these cyber insurance policies very difficult. As a result, insurance companies are increasingly resorting to other methods to assist them in more accurately pricing these policies which is good news for them but which will result in a number of challenges for businesses.To read this article in full or to leave a comment, please click here |
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$20 2015 2025 accurately actuarial are article assist astronomical attacks biggest billion businesses but challenge challenges challengesimage click comment companies current cyber cyberinsurance data difficult faced full good gotchas growth here increasingly insurance lack leave makes market methods more must news number other out over please policies premiums pricing projections rates read ready resorting result shelled show single them these thinkstockbusinesses today very what which will |
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