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...
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...
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...
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...
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...
When purchasing insurance, it goes without saying that most companies hope they never have to actually use it. Increasingly, however, many companies that purchase cyber and data privacy insurance are...
Recent high profile hacks and data breaches remind businesses of the need for cyber insurance
Cyber has been a buzzword in the insurance sector for a while. The recent hack of telecommunications...
In 1988, Robert Tappan Morris, then a graduate student at Cornell University, decided to write a computer program to measure the size of the still-nascent Internet. Morris’s effort, a cleverly...
The cyber security insurance industry is seeing increased demand as more and more high profile cyber-attacks are embroiling companies in controversy and costing them millions of dollars. While...
Decades ago, a group of merchants created a concept of general average—which is when all parties in a maritime venture share in losses resulting from a sacrifice of cargo in an emergency. What...
Cyber Risk Insurance is a critical coverage for attorneys, and the American Bar Association has a Guide to Cyber Coverage (see here). While the Guide acknowledges the active...
For insurance brokers looking to stand out in the marketplace cyber security is a great opportunity.
The global annual spend on Cyber Liability Insurance has tripled over the last three years, from...
Advisen wrote a white paper that presents the results of “The Fifth Annual Survey on the Current State of and Trends in Information Security and Cyber Liability Risk Management”. The free, 18-page...
Advisen and PartnerRe released a white paper which presents the results of a comprehensive market survey on trends that are shaping the cyber insurance marketplace. The survey is intended to give...
The number of hacking attacks on various companies, irrespective of their business have been on a rise across the world. The increasing frequency and the extent of such attacks have driven the costs...
NAGOYA -- Internet-connected sensors to monitor performance and alert drivers to component defects soon will become standard in Toyota Motor's U.S. and Japanese models -- the latest and...
Hackers broke into Dow Jones & Co. systems and were able to access information on fewer than 3,500 of the company's current and former subscribers.
In a letter sent to customers,...
As auto insurance savings grow, privacy concerns shrink. That, at least, seems to be the trend: Customers who get lower UBI premiums tend to be less concerned about how telematics will affect their...
“Boards that choose to ignore, or minimise, the importance of cybersecurity oversight responsibility, do so at their own peril,” said Luis A Aguilar, commissioner at the US Securities and...
Transferring risk in exchange of a premium makes commercial sense for businesses and organizations. In the cyber insurance market, several insurers provide value-added services such as access to a...