Cyber insurance market hobbled by lack of data, experience, clarity

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

BTExclusive: Cyber insurance market hobbled by lack of data, experience, clarity

Singapore saw its largest cyber breach last year when hackers infiltrated the database of SingHealth and the personal particulars of 1.5 million patients were compromised.

But cyber insurance is not evolving as rapidly, hamstrung by profound questions about insurability, limited actuarial data on the financial impact of cyber attacks, and insurers' concern over the limits of

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines