UK cyber insurance penetration just 14% among SMEs

Cyber insurance penetration among UK small and medium-sized
enterprises (SMEs) remains low, with just 13.7 percent of companies
taking up the product last year, according to a report.
However, demand is rapidly increasing. In 2014, just 2.4 percent
of companies had purchased cyber insurance, according to the report
by GlobalData.
Cyber security at UK firms should improve considerably as a
result of the government's new National Cyber Security Strategy
and the EU's General Data Protection Regulat