https://techmonitor.ai/technology/cybersecurity/fewer-than-half-of-london-borough-councils-have-cyber-insurance

Despite holding vast amounts of personal data on citizens which makes them a prime target for cybercriminals, fewer than half of London’s borough councils have cyber insurance to protect them in the event of a breach, new figures show. While experts say many councils choose not to insure against cybercrime, for others financial factors make taking out a policy impractical.

Following a Freedom of Information (FoI) Act request by cybersecurity company ProLion, 17 out of London’s 32 borough councils (52%) confirmed that they did not have a cyber insurance policy. The figure could be bigger, as five of the councils declined to say whether or not they had a policy in place, and two more did not respond to the request.