Cyber attack database needed, says ABI

cybersecurity

Director general of the Association of British Insurers (ABI), Huw Evans, has called for a mandatory anonymised database of cyber attacks to help insurers develop accurate business models.

Speaking to the Financial Times, Evans said that a database would solve the issue of lack of data and help insurers provide the right cover.

He added: "If it is not mandatory to report these things, then insurers are not going to have the data they need to provide the right cover.

"It would have to be mandated

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