European Data Protection Digest

Study: EU Needs Better Cyberinsurance Options

DATA PROTECTION—EU

July 5, 2012

COMPUTERWORLD UK reports on cyberinsurance market findings by the European Network and Information Security Agency. According to the report, the EU lacks a well-developed cyberinsurance market. If developed, specialised insurance products could improve IT security and data protection for businesses and individuals. Meanwhile, IBM’s Centre for Applied Insights recently conducted a survey on the role of chief information security officers (CISO). “With the increasing demand and expansion of the global role of security,” the report states, “the role of a modern CISO is evolving from simply being a technical officer to a leader in business strategy.”
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