Businesses Are Reluctant to Buy Cyber Insurance, Insurance Information Institute -J.D. Power Survey Finds
October 29, 2019
October 29, 2019
NEW YORK, Oct. 29 -- The Insurance Information Institute issued the following news release:
U.S. companies express concern about cyberattacks but are reluctant to buy cyber insurance in large part because the coverage is seen as either too expensive or unnecessary, a survey by the Insurance Information Institute and J.D. Power revealed.
The Small-Business Cyber Insurance and Security Spotlight Survey(TM) found 42 percent of companies did not purchase cyber insurance cov . . .
U.S. companies express concern about cyberattacks but are reluctant to buy cyber insurance in large part because the coverage is seen as either too expensive or unnecessary, a survey by the Insurance Information Institute and J.D. Power revealed.
The Small-Business Cyber Insurance and Security Spotlight Survey(TM) found 42 percent of companies did not purchase cyber insurance cov . . .