Sophos reveals insurance companies increasingly
excluding computer viruses.
Users are being left without financial protection against virus
attack as insurance companies exclude computer viruses from their
policies.
The recent proliferation of viruses and increasing press
attention have influenced this move. Even the few companies which
do still make provision for viruses, do not protect against
hardware damage, which could have serious implications for those
hit by the BIOS attacking virus, CIH.
In a poll carried out by Sophos, representatives of many leading
commercial insurance companies lacked knowledge on the issue. Some
even assumed viruses fell into the same category as the 'Millennium
Bug'.
"These findings emphasise more than ever that IT security is of
paramount importance for every company," said Paul Ducklin, head of
research at Sophos.
"This is something which organisations should protect against by
making sure all the measures are in place to prevent virus attack,"
continued Ducklin. "Prevention is always better than a cure, but in
this case it is essential because financial remedy is not covered
by insurers."
More than 100 million users in 150 countries rely on Sophos as the best protection against complex threats and data loss. Sophos is committed to providing security and data protection solutions that are simple to manage, deploy and use and that deliver the industry's lowest total cost of ownership. Sophos offers award-winning encryption, endpoint security, web, email, and network access control solutions backed by SophosLabs - a global network of threat intelligence centers. With more than two decades of experience, Sophos is regarded as a leader in security and data protection by top analyst firms and has received many industry awards.
Sophos is headquartered in Boston, US and Oxford, UK. More information is available at www.sophos.com.