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Cyber insurance is useful for Caribbean businesses

Cybersecurity Ventures estimates that companies around the globe fell victim to such attacks every 14 seconds on average in 2019. Jamaica and the rest of the Caribbean are no exceptions. Cyberattacks and cybercrimes are becoming more frequent in the Caribbean. Cybersecurity is an unavoidable regional priority, says columnist David Jessop, writing in this newspaper on May 9, 2021, that the threat in a Caribbean context is real, “should by now be beyond doubt” In February 2021, the Ministry of National Security’s cybersecurity threat level of government computer systems was raised to ‘high’.

 

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