FM Global: Cybersecurity insurance doesn’t cover everything

FM GLOBAL released a study that found corporate executives often overestimate what their cybersecurity insurance will cover. Above, the company's Johnston headquarters. / COURTESY FM GLOBAL
FM GLOBAL released a study that found corporate executives often overestimate what their cybersecurity insurance will cover. Above, the company's Johnston headquarters. / COURTESY FM GLOBAL
JOHNSTON – Seven in 10 senior financial executives at the world’s largest companies believe their insurer would cover most or all losses their company would suffer in a cybersecurity attack, but that’s far from the truth, according to FM Global. In a survey of 105 chief financial officers and other senior executives, commissioned by Johnston-based…

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