Hackers cause rise in cyber-risk insurance

PETALING JAYA: The number of “cyber intrusions” is on the rise, and to protect themselves, companies and businesses are now moving towards insuring their money and data against cyber-criminals.

CyberSecuriy Malaysia’s chief executive officer Dr Amirudin Abdul Wahab said the number of “intrusions” had been steadily increasing from 1,714 cases last year to 1,705 as of July this year.