Galvanized by recent cyber attacks against corporations, boards of directors are pushing their companies’ risk managers as well as the insurance industry to quantify cyber risks. The push for...
Advisen and PartnerRe released a white paper featuring the results of a comprehensive survey of the evolution of the cyber insurance marketplace. The 2016 Survey of Cyber Insurance Market...
Today Lloyd’s announced the winners of its 2016 Innovation Awards. Beazley, Cromar, Hiscox and Tokio Marine Kiln each picked up awards for innovative products or new ways of working.
Aon won...
The Awards are a celebration of the unrivalled talent and expertise that exists in the Lloyd’s Insurance Market, showcasing the excellent work the market is doing every day to innovate in an...
Marsh has united its knowledge and expertise on cyber to launch the second edition of a Continental European-wide study into organizations’ attitudes towards the threat cyber risks...
Attacks like Friday’s are often financially motivated.
Yesterday’s attack on the internet domain directory Dyn, which took major sites like Twitter and Paypal offline, was historic in...
The average consumer could save over $500 in insurance and banking fees because of new ‘smart contracts’ based on blockchain technology, says Capgemini.
A report by Capgemini’s Digital Transformation...
Global businesses spent more than $2 billion on cyber insurance in 2014 - an already impressive figure that could multiply by three to five times through 2020, according to estimates from insurance...
The Awards are a celebration of the unrivalled talent and expertise that exists in the Lloyd’s Insurance Market, showcasing the excellent work the market is doing every day to...
The annual NetDiligence® Cyber Claims Study uses actual cyber liability insurance reported claims to illuminate the real costs of incidents from an insurer’s perspective.
Our objective for this study...
Following several high-profile cyber security breaches over recent years, a growing number of corporations perceive cyber as a high risk. Swiss Re therefore expects the demand for cyber insurance to...
Nothing seemed out of the ordinary
The email looked familiar, and the request to transfer funds was a little out of the ordinary, but not that different from the normal course of business. ...
New global research from Dell reveals the lack of awareness among SMBs and large enterprises of the requirements of the EU's GDPR, going into effect in under two years
Eighty two percent of...
Amid a complex and constantly changing risk landscape, internal cyber attacks are an increasing threat that can damage a company’s profits and reputation, according to PwC’s ‘Global State of...
As IT moves towards mobile and cloud-based services, data will get spread more widely across the organisation. This shift from central IT to more ‘edge computing’ represents a big challenge when it...
Annual premium volume information about the U.S. cyber-risk market is hard to come by, but in reviewing the market, we have concluded that the annual gross written premium may be as much as $3.25...
The Target hack was a consciousness-raising incident for C-level execs, making them realize that the total costs of an intrusion and data theft are much greater than a damaged reputation and...
What is your company’s biggest vulnerability in terms of cyber risk?
How well prepared do you feel your company is to respond to a cyber-related crisis?
Does your company have a formal...
Risk of losing customers will change attitudes faster than huge fines
The mandatory data breach reporting requirements in the General Data Protection Regulation (GDPR) are more likely to...
An ALM CyberSecure panel explored the perils and possibilities that result from current cyberinsurance policies.
Cybersecurity is a top concern for all organizations, and many are turning to...