Cyber Insurance: Are You Becoming Uninsurable? - GDS Group

Cyber Insurance:
Are You Becoming Uninsurable?

3rd May 2023

39% of UK businesses experienced cyber attacks last year, and of these businesses, 31% estimate they were attacked at least once a week (DCMS). In the US, 47% of businesses suffered an attack (Hiscox). In today’s climate, where cyber risk is no longer talked about in terms of “if,” but “when” … what does that do to a business’s insurability? What can leaders do to prepare… and protect their assets? Strategy for Breakfast is asking all the questions as we bring in co-founder and CEO of CyberSmart, Jamie Akhtar. Let us know what you think at podcast@gdsgroup.com.

Discussion points

  • If cyber incidents are an inevitability, are businesses becoming uninsurable?
  • Cyber insurance is one part of a risk program. How big of a piece is it, and what else should leaders be focused on?
  • People: the weak link or your best defence?

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3rd May 2023
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