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Only one in ten UK firms have no cyber security insurance

The UK is leading by example in terms of having insurance in place to mitigate against cyber attacks, a new Europe-wide survey has revealed.

Just ten per cent of UK executives who took part in FICO’s survey admitted their firm has no cyber security insurance, compared to 24 per cent in all 11 countries included in the research, which quizzed security executives at 500 companies.

Despite cyber security insurance being widespread in the UK, only 38 per cent of UK firms surveyed have cyber security insurance that covers all risks.

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