According to a report on uk.internet.com, UK internet companies
are reluctant to take out insurance cover against going down due by
reason of accident or attack because they fear the negative
publicity of disclosing security breaches.
There are already several insurance companies offering services
tailored to dot.coms. These companies point out that some venture
capitalists demand that an internet company has a suitable policy
in place as a pre-condition to funding.
E-commerce insurance is a common condition of funding in the US
but, according to uk.internet.com, has still to take off in the
UK.
