Insurers strive to model cyber crime
As the threat posed by cyber crime continues to rise, many corporates are considering insurance options, but insurers are battling against a lack of data on which to model policies
In November 2014, a group calling itself the Guardians of Peace was discovered to have hacked into the computer systems of Sony Pictures Entertainment. Subsequent terror threats made to Sony by the hackers led to the cancellation of the New York premiere of The Interview, a controversial film about the fictional assassination of North Korean dictator Kim Jong-un.
By the end of 2014, the episode had already cost Sony roughly $15 million in investigation and remediation costs, while the US Federal
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