
Causing anxiety: insurance practitioners and industry observers in Bermuda have identified Cyber-risk as the top concern for the next two or three years
Cyber-risk is the top concern for...
The increasing use of and dependence on information technology in economic activities - while creating significant benefits in terms of productivity and efficiency - is also leading to significant...
The tiny market for cyber insurance has been slower to develop than generally anticipated, a member of Allianz's board said in an interview.
The European market for cyber insurance currently has a...
A lot more convergence in cyber insurance policies is expected within the next few years as policies, exclusions and wording get tested and case law develops, John Elb suggested Wednesday during a...
Given that many multinational corporations have a presence in both developed and emerging markets, it is imperative that they have a robust and well maintained supply chain management structure...
LONDON--(BUSINESS WIRE)--FTSE 100 companies could face fines of up to £5 billion a year if they don’t comply with the EU General Data Protection Regulation (GDPR), according to analysis by...
Charles Taylor Insurance Services has been appointed by cyber-MGA Node International to deliver an end-to-end operations and administration management service. Under the arrangement, Node...
There is a “slow but steady” trend in take-up rates among cyber insurance clients and prices continue to stabilize, according to a recent survey from the Council of Insurance Agents & Brokers...
RMS cyber risk management expert, Tom Harvey, called the recent WannaCry ransomware attack that hit businesses across the globe the world’s “first ever cyber-catastrophe,” he told Reinsurance News it...
Cyber insurance brokers reported a spike in calls from clients seeking cover following the WannaCrypt ransomware attack that hit 150 countries over the weekend.
An increasing number of firms...
KUALA LUMPUR (May 16): Fitch Ratings said the slew of recent ransomware attacks in over 150 countries has revealed the widening scope of corporations' cyber risk exposures, which is likely to...
The most recent global attack has prompted many in the industry to bet on the rapid growth of cyber insurance. Some predict the market will eventually overtake car insurance.
While the global...
Your company's information is always at risk of being stolen, but what if that stolen information is encrypted - and worthless to hackers? We talked to Rana Gupta, Gemalto’s vice president of...
As you will no doubt have seen in the news, there has recently been a global outbreak of ransomware which has hit more than 200,000 victims in 150 countries, with the NHS being the most high-profile...
A report released yesterday claimed that brokers are failing clients when it comes to cyber insurance. Research from CFC Underwriting found that over half of UK-based SMEs claim their...
Brokers are failing their clients in what has become one of the hottest areas of insurance – at least if a new report is to be believed.
According to research from CFC Underwriting, over half of...
Cyber threats are evolving rapidly due to the growing digital transformation of society, the widespread use of internet-enabled devices and processes, and the changing profile of hackers. Recent...
We are digital natives, and with each passing day we put more of our lives online. We no longer stand and wait in lines; we connect to the Web for instant gratification. Convenient? You bet, but the...
Factories are increasingly computerized and digitally integrated with other parts of a company, so keeping those networks secure is critical
Abbott...
Reports of data breaches to see exponential rise once mandatory reporting rules under GDPR come into force, warns DPC Helen Dixon.
Ireland’s Data Protection Commissioner (DPC), Helen Dixon, has...