The cyber insurance market has continued to evolve during the first half of 2021. We have seen an overall increase in the number and sophistication of attacks with a surge in ransomware attacks and claims. This has been further exacerbated by the COVID-19 outbreak which accelerated the shift to remote working with even more reliance on digital technology for business and so many other functions.
The changes in the overall cyber risk environment have had a rapid and dramatic impact on the cyber insurance market in several ways. Within this update we have set out the impact across 4 key areas being:
For the full market update, please download our PDF below.
| Title | File Type | File Size |
|---|---|---|
| GB Cyber Insurance Market Update H1 2021 | .8 MB |
