Insurers Pay £200 Million to Businesses Affected by Cyber Attacks

Insurers Pay £200 Million to Businesses Affected by Cyber Attacks

First seen 11 Nov 2025, 16:33 UTC ThisismoneyMsn 36.9

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Insurers have paid out nearly £200 million to support businesses recovering from cyber attacks. This amount reflects a 230% increase year-on-year, with £138 million more than the previous year, according to data from the insurance industry. The payouts highlight the growing financial impact of cyber incidents on businesses.