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Will insurance firms be the big winners in the struggle for cyber security?

A Whitehouse.gov blog post has sparked a debate on the importance of insurance in mitigating the threat posed by digital dangers to the worlds businesses and government agencies. Cybersecurity is already raking in an estimated $1.3 billion per year in the US, with the rest of the world lagging some way behind. In Australia the market has been described as promising to be a new boomlet, with insurance experts sharing tips with each other on how to promote their new products.”]

Source: https://nakedsecurity.sophos.com/2013/08/09/will-insurance-firms-be-the-big-winners-in-the-struggle-for-cyber-security/

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