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Cyber Insurance FAQs by Mark Massey

21/11/2015 22:03

1. Will a Security Risk Assessment lower my insurance premium? This is the typical question we get, but we would suggest a twist to this question that provides an equally good result: How can I raise my limits or sub-limits, and/or lower my retentions for the same premium? The...

Insider’s Guide to Incident Response in 1 eBook!

21/11/2015 14:01

The fight to protect your company’s data isn’t for the faint of heart. As an embattled IT warrior, with more systems, apps, and users to support than ever before, keeping everything up and running is a battle in itself. When it comes to preventing the worst-case scenario from happening, you need...

Cyber Risks – Vulnerability for Ships and Safe Navigation

18/11/2015 14:14

The increased use of computerized systems for ship navigation has without doubt enhanced the safety and security of vessels at sea. However, this has made possible a new kind of threat being the cyber risks that may interfere with these navigation systems. Although there have been no reports of...

Nearly 80% of small businesses lack a critical piece of cyber defense by Caitlin Bronson

18/11/2015 06:48

Nearly half of all business owners now carry some form of cyber insurance, but small business owners are seriously lagging behind when it comes to a full cyber defense and insurance agents can help, a new Nationwide-sponsored survey reveals. According to the Harris Poll, almost 80% of small...

Prepare before you head into the breach on cyber cover by Bill Cosgrove

17/11/2015 06:54

Bill Cosgrove Risk of cyber attacks is only going to increase, and there is little to prevent it, as hackers seem to stay a step ahead of the technology. Bill Cosgrove, managing principal and practice leader for EPIC Insurance Brokers & Consultants' Financial & Executive Risks...

Cyber Insurance German Market

15/11/2015 21:53

The rising number of hacking attacks is prompting more companies in Germany to seek cyber insurance protection, insurance broker Marsh. While cyber premiums in Germany are expected to be worth only around $10 million this year - compared with $2 billion in the United States - the German market is...

Small companies' big cyber risks highlighted at underwriting conference by Judy Greenwald

15/11/2015 10:46

DALLAS — Small and medium-size businesses' lack of knowledge and resources to address their cyber risks can not only threaten their own existence, but also pose significant risks to the larger companies with which they deal, say experts. “One of the big challenges we have when we think about” the...

An Excellent Publication by the Chief Risk Officer Forum (CRO Forum) for Insurance Companies Risk Managers

14/11/2015 09:59

As an active member of the CRO Forum, SCOR has contributed to the Forum’s new publication entitled “Cyber resilience - The cyber risk challenge and the role of insurance”. The CRO Forum is a group of professional risk managers from the (re)insurance industry that focuses on...

Auto Industry Hasn’t Suffered Big Cyber Breach – Yet by Steve Finlay | WardsAuto

12/11/2015 06:21

Car dealership cybersecurity ranges from tight to none at all, says Jim Foote, chief business security software officer for automotive information technology provider CDK. “The larger dealerships are at less risk because they have security officers and IT departments,” he tells WardsAuto. Less...

2nd Annual Cyber Security for Oil & Gas Canada January 25 - 27, 2016 - Calgary

10/11/2015 21:24

IQPC's 2nd Annual Cyber Security for Oil and Gas Summit will bring together top executives and oil and gas professionals from major companies and organizations to discuss the most critical safety challenges in cyber security today. With increase in cyber outbreaks and...

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