'Cyber-insurance cost to double'

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The chief executive of Lloyd’s of London has said the increasing threat of cyber-attacks means cyber-insurance premiums are likely to double in three years.

Inga Beale told the Today programme: “The cyber market at the moment we estimate is about $3-3.5bn, probably in the next three years that could easily double”.

“This threat is really alive for businesses,” she said.



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