Cybercrime a growing threat, says insurer Zurich

Cybercrime is a growing threat with criminals attacking business, individuals and governments, says the head of insurance company Zurich which based in Dublin.

Patrick Manley, who manages the company’s 16,000 employees in Europe, the Middle East and Asia with turnover of €13bn a year, says a type of World Health Organisation is needed to keep a step ahead of the criminals.

“We need a kind of WHO for data with rules that go beyond what we could expect if we leave it to individuals and governments. Cyber criminals do not respect borders and security and how their data is used is of interest to every citizen”, he said while attending a meeting in Brussels.