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Extended worker benefits hailed, but costs still a concern

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LONDON (Reuters) - Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses from cyber crime, even as ransomware attacks are rising, broker Howden said in a report on Monday.

PETALING JAYA: Funeral repatriation and 24-hour protection benefits under a scheme extended to foreign workers will help reduce their burden, say migrant rights groups.

“This also puts the benefits accorded to migrant workers on par with those of Malaysians in accordance with ILO Convention 118 Convention, 1962), which is, however, not ratified by Malaysia,” she said. “We suggest the repatriation be increased to around RM10,000 for foreign workers working in the peninsula and about RM18,000 for those in Sabah and Sarawak,” he said while welcoming the move.

 

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Extra cover for foreign workersLONDON (Reuters) - Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses from cyber crime, even as ransomware attacks are rising, broker Howden said in a report on Monday.
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