“The fall in reported cyber attacks is encouraging, but with the financial losses of these incidents continuing to rise, there can be no room for any cyber crime complacency. The rise in the number of large and medium sized firms having cyber insurance reflects greater awareness of the value of this cover, as insurers play a vital role in supporting customers to recover from an attack, and in helping them manage the cyber threat. But we need to do more to promote this insurance to smaller firms, who are often the least protected against cyber criminals.”
You can read the DCMS report here.