Saturday, 11 June 2016

Insurance Conference 2016: Educating Businesses about the Benefits of Cyber Insurance

As part of its annual conference, the Greater National Group (GNG) has earmarked the second half of the year to hold yet another conference. The conference would be dealing with pressing insurance issues in the society today and would be tagged 'Educating Businesses about the Benefits of Cyber Insurance'.

With the current surge in cyber-attacks all over the world, it has become imperative for businesses to take a more proactive solution than just sitting and waiting for events to unfold. Over the past few years, we have seen big companies, even multinationals, fall prey to these malicious cyber-attacks. As one of the leading Cyber Insurance brokers in the country, the company will be using the conference as a way to promote the campaign against cyber bullies.

Data losses or breaches have cost businesses all over the world billions of dollars. While there is yet to be an accurate figure for the total global loss, it is predicted to run into hundreds of billions within the past 5 years. The conference will bring together major stakeholders in the industry as well as investors and cyber security experts. An official date is yet to be released for the conference but by the end of the month, the company should release an official statement about it.

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