Biba 2016: Biba forms cyber committee
"Firms of all sizes need to take action" against cyber risks, says the British Insurance Brokers' Association, which is setting up a committee of technical experts to provide its members with guidance on current risks and insurance available.
Almost two in three large firms detected a cyber security breach or attack in the last year. Each event cost on average £36,500, with the most expensive one reaching £3m.
"These numbers demonstrate
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