
The implementation of the New York Department of Financial Services’ (NYDFS) new cybersecurity regulations has the potential to underscore premium growth in cybersecurity insurance and directors and...
International study of 3,000 businesses shows widespread variations in cyber security readiness
A study of 3,000 companies in the UK, US and Germany, conducted for specialist insurer Hiscox, reveals...
Hartford Financial says it will use the Office 365 Secure Score when setting cyberinsurance rates
Microsoft on Friday will begin grading its commercial customers’ Office 365 security settings...
More studies are exposing the need for brokers to push cyber insurance products to clients and now new research from specialist insurer Hiscox now reveals that the majority of businesses in...
The shipping industry is increasingly at risk from cybersecurity attacks and a gap in insurance policies is leaving them vulnerable, industry experts have told CNBC.
Cybersecurity has come...
Ransomware attacks soar in 2016, projected to double again 2017.
Ransomware attacks handled by Beazley more than quadrupled in 2016, with nearly half of...
Many businesses are looking to reap the benefits of digital transformation, evolving new services that provide value to and forge closer relationships with partners and customers.
Trust and...
Recognizing that 60% of small businesses fail within six months of suffering a data breach, in November 2016, the National Institute of Standards and Technology (“NIST”) issued a cybersecurity guide...
2016 was definitely the year of cyber insurance emergence. As large-scale attacks and disclosures of massive data-breaches were reoccurring along the year, we realized once again that...
How a top security manager feels about cyberinsurance often may have a lot to do with the type of company he or she works for.
Take Jim Motes, vice president for information security at Kohler, the...
Seven state insurance commissioners, in a new report on their investigation into the massive cyberattack against health insurer Anthem Inc. in February 2015, offer a detailed...
FICO’s Doug Clare shares advice on what a company needs to do before applying for cyber insurance, to make sure they get the best rate.
With well-publicised security breaches driving news...
With more countries embarking on Smart Nation projects, the number of connected devices and volume of data will only increase. This means that cybercriminals now have an almost infinite number of...
Innovative, global technologies are disrupting the traditional infrastructure of the insurance industry. Mobile, digital, analytics and payment platforms are accelerating rapidly. The evolution is so...
Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved in both industries say, a risk that could feed through...