National Cyber Directorate: Businesses are unaware of need for cybersecurity insurance – Business

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Only 13% of Israeli companies have insurance covering the risks posed by cyberattacks and many senior executives at Israeli companies in fields like agriculture, construction and wholesale commerce are not even aware that insurance is available to cover the risk, according to results of a survey conducted by the National Cybersecurity Directorate, released last week.

The survey was commissioned as part of an effort to develop recommendations regarding cybersecurity insurance. Security agencies and major Israeli corporations are…

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