Cyber attacks rising by 164% in 2017 compared with 2016. Annual gross premiums expected to reach $7.5 billion by 2020. Use of cyber liability insurance as a safety net and risk transfer mechanism is growing. But employees are failing to act with reasonable care, often due to a lack of understanding of cyber security and may be unwittingly invalidating their employers policy. Staff should pay attention to where the data are stored, as an insurance policy protecting storage on business servers is worthless if the data is actually stored in the cloud.”]