CFC fronts up cyber crime with Biba product launch

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CFC has launched a redesigned cyber policy in a bid to tackle the "changing landscape" of cyber risk.

The underwriting agency said the policy, called CPM, had been created to help the challenges faced by companies operating across different territories, including phishing scams, telephone hacking, identity theft, wire fraud and cyber extortion.

The offering was launched at the British Insurance Brokers' Association conference. 

CFC director Graeme Newman, explained: "There is a significant gap in the market for cyber cover that resonates with companies all over the world; we sought to address

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