Cyberattacks Cost UK Businesses £44 Billion During Past 5 Years, Howden Survey

Share!

Insurance Journal - Nov 27, 2024

Cyberattacks cost UK businesses approximately £44 billion (US$55.3 billion) in lost revenue over the past five years, according to research published by Howden, the London-based insurance intermediary group. Half of those businesses (52%), or 1.3 million private sector companies, have …...

Read Full Article

Recommended Articles

Safety, State Involvement Should Be Central to AV Regulation, Says Trades

Posted: Feb 05, 2026

Industry trade associations side with caution to ensure regulations promote safety as autonomous veh...

What Analysts Are Saying About the 2026 P/C Insurance Market

Posted: Feb 05, 2026

Following in the footsteps of groundhog Punxsutawney Phil, analysts from Fitch Ratings and Morningst...

Viewpoint: Underwriting at an Inflection Point – The AI Advantage

Posted: Feb 05, 2026

The U.S. commercial insurance market is demonstrating clear signs of rate fatigue and an overall sof...