Half of global organizations still don’t have cyber insurance, despite the majority believing cyber-attacks will increase next year, according to FireEye. The security vendor polled 800 CISOs and senior executives across the globe to compile its new Cyber Trendscape Report. More than half (56%) said they believe the risk of attacks will grow next year and 51% said they aren’t ready for an attack. Yet half claimed not to have any cyber insurance, rising to 60% in Germany. Around one in 10 (8%) said they had no breach response plan in place, rising to 11% in the UK, 19% in Canada and 15% in Japan. Plus, 29% of those which did have response plans in place have not tested or updated them in the past 12 or more months.
Read about the new Cyber Trendscape Report by Fireeye which reveals that more than half of global businesses don’t have cyber insurance to protect against data breach on Infosec Magazine.