Article archive

Knowbe4: Ransomware Hostage Rescue Manual

28/08/2018 10:59
This manual is packed with actionable info that you need to prevent infections, and what to do when you are hit with ransomware. You will also receive a Ransomware Attack Response Checklist and Ransomware Prevention Checklist. You will learn more about: What is...

Knowbe4: CEO Fraud Prevention Manual

28/08/2018 10:53
CEO fraud has ruined the careers of many executives and loyal employees. Don’t be one of them. CEO fraud has victimized more than 22,000 organizations and is responsible for over $3 billion in losses. Despite these statistics, CEO fraud remains a blind spot for many C-level...

Advancing Accumulation Risk Management in Cyber Insurance

18/08/2018 20:28
  Although cyber risk premiums have expanded sizeably in recent years and loss ratios compared favourably relative to other product lines, sustainable growth of the cyber insurance market should not be taken for granted. A report issued by The Geneva Association identifies three...

How to sell cyber to small business owners

13/08/2018 07:44
There is a very large untapped market for selling cyber insurance to small businesses. How can brokers best approach small business owners to offer them cyber coverage? A recent 2018 study of Canadian “smaller businesses” by Scalar Security* found that it costs each employee of a small business an...

EIOPA Report "Understanding Cyber Insurance - A Structured Dialogue with Insurance Companies"

06/08/2018 11:24
Today, the European Insurance and Occupational Pensions Authority (EIOPA) published its report "Understanding Cyber Insurance - A Structured Dialogue with Insurance Companies" (EIOPA Understanding cyber insurance). Cyber risk is a growing concern for in­stitutions, individuals, and financial...

Unleashing the Potential of the Cyber Insurance Market

16/07/2018 22:56
Cyber insurance has huge potential but the cyber insurance market remains frustratingly immature and is not keeping pace with threats and technology. Whereas many businesses have property insurance, only about 20-35% have specific cyber insurance in the United States and Europe. The existing...

Financial sector vulnerable to cyber attacks, could cost $100B a year: IMF report

24/06/2018 08:42
The International Monetary Fund--or IMF--says average annual potential losses from cyber-attacks could be close to 9% of banks’ net income globally, or around $100B. In a severe scenario that figure could go as high as $350B. Here are the report's takeaways: Financial institutions are...

CFC launches cyber insurance guide for brokers at BIBA 2018

17/06/2018 14:24
Specialist insurance provider behind BIBA’s cyber insurance scheme, CFC, will be launching its new BIBA Cyber Guide at BIBA 2018. While one of the most talked about topics in business insurance, cyber insurance also seems to be one of the most misunderstood. CFC’s new guide aims to cut through the...

Cyber Claims Case Study: The importance of cover for data re-creation

17/06/2018 14:22
Cyber risk often touches companies in unexpected ways. In May 2017, an engineering firm learned this when it lost access every last piece of data it held. This included all of the firm’s technical drawings, prints and complex design specifications. We’ve created a in-depth case study about the...

The Blockchain GDPR Puzzle: An Expert Weighs In

12/06/2018 07:14
It’s no wonder when you bring two massive technology shifts together experts in each area rush to weigh in at the intersection. Akshay Sharma, Principal Analyst for the boutique advisory firm neXt-Curve, shared strong views in a note published last month on the potential to invoke blockchain...
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