Cyber attacks won’t be covered by the Terrorism Insurance Act - yet

By Matt Johnston on Jun 20, 2019 12:20PM

Scope for protection under $13.4bn scheme.

A recent review of the Terrorism Insurance Act by the National Audit Office has opted to leave protection for cyber incidents off the table - for now. The Act was established in 2003 after the September 11 terrorist attacks to address market failure in terrorism insurance coverage, as an interim ...

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