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Lloyd’s of London (one of the most significant insurance underwriters) recently stopped covering for any state-backed cyber attacks.

As more and more organisations rely on cyber insurance to help recoup potential losses from cyber-attacks, insurance companies are scrutinising the claims of the victims of cyber attacks and are adding new conditions.

We should expect more restrictions from the cyber insurance companies on what will be covered in the cyber insurance cover.

Unfortunately, getting a cyber insurance cover is not a substitute for improving the security posture of our organisations.

If you want to start somewhere with your cybersecurity, look at the Essential Eight framework for guidance.

If you’d like to find out more or contact Digital Armour about their services please click here

Jane Ferrier