KYIV, April 8 – Ernst & Young is expecting a spike in proposals to insure cybersecurity risks in Ukraine in 2019, according to a study by Ernst & Young Global Limited posted by the Ukrainian representative office of the company.

"The high level of damage to business from cybercrime around the world encourages companies to look for ways to manage these risks from the outside. One of the available options is to insure cyber risks, so similar offers from insurance companies are the expected trend of 2019 in Ukraine," Senior Manager of information technology and IT risk management department of EY in Ukraine Dmytro Lazuchenkov said.