A senior executive of a major global insurer has warned firms remain vulnerable to cyberattacks in the face of a rise of high-profile incidents – with a significant percentage still uninsured.
Just a little over half (55%) of Fortune 500 firms, 35% of small- to medium-sized businesses, and 10% of smaller businesses have some form of cyber insurance, according to AIG global head of cyber risk insurance Tracie Grella, as reported by The Wall Street Journal.
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