Over 40,000 ships per year transit through the Gulf
of Aden en route to the Persian Gulf, the Indian
Ocean and other areas.
Since 2007, Somali Pirates have preyed on these
ships and taken several hundred captive, collecting
hundreds of millions of dollars in ransom while
injuring or killing hundreds of sailors.
Companies would never send those ships out to
sea without insurance and protection.
Pirates on the High Seas V
Excluding the threat of physical harm, many
parallels can be drawn between anti-piracy and
Companies are alone, without the protection of
law enforcement in a hostile environment where
data thieves are constantly probing for
weaknesses and continually adapt to new
A survey by Chubb Group of Insurance
Companies found that 65% of public
companies don’t have cyber insurance –
even though they identify cyber risk as
their number one concern, and are
expecting an attack in the next year.
Are you prepared?
To Mitigate a