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
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
"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