Insurance covers that protect cos from cyber attacks, data thefts & frauds

Post the ransomware attacks of 2017, the demand for cyber insurance from the manufacturing sector has been on the rise," said Sanjay Kedia, CEO Marsh India Insurance Brokers

cybersecurity, data theft, cyber attack, computer, technology, insurance, policy, hacking
Premium

Subrata Panda
With Indian businesses and organisations increasingly moving to digital processes in their operations, many of them are taking cyber insurance covers to protect themselves against cyber attacks, data thefts and frauds.
 
“Initially, the demand was coming from the IT/ITeS companies, but now it is coming from all the industry segments. Post the ransomware attacks of 2017, the demand for cyber insurance from the manufacturing sector has been on the rise,” said Sanjay Kedia, country head and CEO, Marsh India Insurance Brokers.

First Published: Jan 22 2020 | 11:17 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com