Cyber crime has almost doubled in recent years, according to a new survey
Cyber risk in its various forms is one of the growth areas for the insurance industry. It's no big mystery as to why.
Every...
Insurers lack data, tools to price new policies with confidence, according to Novarica report.
Corporate interest in cyber liability insurance continues to gain momentum, and could strain an already...
The status of the proposed EU General Data Protection Regulation is still up in the air at the moment, but there is a greater sense of optimism around that the reform agenda will complete fairly...
As more organizations consider cyber-insurance coverage in light of high-profile data breaches, such as those at JPMorgan Chase,Community Health...
Pro: Sarah Stephens, head of cyber & commercial E&O at Aon Risk Solutions EMEA
Insurance can and should cover non-criminal privacy-related regulator fines. Most insurers will write into...
As the FBI and US Secret Service investigated the scope of recent cyber attacks on US financial institutions, America's largest banks said Thursday that they hadn't seen any unusual fraud activity...
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A PICTURE doing...
Cyber security is hardly a new concept. After all, Symantec Corp.(SYMC ) has been selling its flagship Norton antivirus software for over two decades now.
But more recently, cyber security...
Many corporate deals can unwittingly void important cyber coverage. So, it needs to be considered early in any possible deals.
Although many people think of cyber insurance when confronted...
Traffic is chaotic enough in major cities, but imagine how much worse it would be if a criminal hacker got control of the traffic lights.
That Hollywood scenario is what researchers at the University...
(Reuters) — JPMorgan Chase & Co. is investigating a possible cyber attack and working with law enforcement authorities to determine the scope, a company spokeswoman said on Thursday morning.
The...
Cyber security is gaining more serious attention , especially as new OpenSSL vulnerabilities are announced. Two new vulnerabilities were revealed recently, both of which allow malicious...
The recent hack and subsequent data loss by US retailer Target involved the personal information of at least 70 million customers, including names, phone numbers, email and mailing...
The Massive & Ever-Increasing Risk
2014 has seen one massive data breach after another, affecting industries and organizations of every type. One recent report indicated an Eastern European...
UK spending on cyber insurance is set to boom over the next five years as businesses try to offset the potentially disastrous effects of data breaches and hacks.
Barbican Insurance underwriting...
Driverless cars are set to be the biggest disruptive innovation of the early 21st century.
With this in mind, senior risk manager Rahul Gumber has compiled a white paper offering his own personal...
As banks become more sophisticated and effective at defending themselves against attack, the focus of much cyber crime is changing. Increasingly, insurance companies are becoming the target. The...
With cyber insurance a relatively new market, issues are arising in various areas – many from the non-standard wordings in policies themselves.
Perhaps the most talked about British Insurance Law...
Nick Gibbons explains why the government’s recently launched Cyber Essentials Scheme – aimed at improving protection against cyber attacks – is so significant for the insurance industry.
The Cyber...
While still a relatively immature industry, cyber insurance can reduce the costs of recovering from a breach, and, as Tony Morbin reports, it can also play a role in driving adoption of best...