Cyber insurance is one of the fastest growing segments of the industry, with insurers, underwriters and brokers regularly encouraging end clients to adopt better online security and more thorough response systems – but could it be that the industry is actually lagging when it comes to setting standards?
According to a recent report by security firm Mimecast, Australia’s insurance industry has some significant gaps, is slow to adopt better standards, and even suffered a major attack back in August.
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