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Marsh: Premium for cybercrime Insurance on the rise

30/10/2015 09:58
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...

Symantec : What Every CISO Needs to Know About Cyber Insurance by Samir_Kapuria

25/10/2015 15:07
  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 – Evolving, Complex

21/10/2015 16:18
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...

Cyber Security: What Insurance Brokers Need to Know

21/10/2015 14:44
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...

2015 Information Security and Cyber Liability Risk Management

20/10/2015 07:45
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...

Cyber Liability Insurance Market Trends: Survey

20/10/2015 07:41
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...

Cyber Insurance — A Much Needed Thing for Bitcoin Sector

18/10/2015 07:37
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...

Toyota to make networked cars standard in Japan, US

18/10/2015 07:22
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...

Dow Jones & Co. breached, current and former subscribers contacted

15/10/2015 13:29
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,...

Insurance Telematics Data Privacy: More Questions than Answers

15/10/2015 05:48
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...

Cybersecurity Risk: Law and Trends by Shawn Tuma

12/10/2015 16:21
“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...

Cyber insurance market booms, but insurers struggle to define policies

12/10/2015 15:44
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...

Cyber insurance premiums rocket after high-profile attacks

12/10/2015 15:38
BOSTON (Reuters) - A rash of hacking attacks on U.S. companies over the past two years has prompted insurers to massively increase cyber premiums for some companies, leaving firms that are perceived...

Cyberinsurance: Buyer Beware: 10 Tips For Upping Recovery Odds From Cyber And D&O Policies by David E. Wood and Joshua Gold

11/10/2015 15:42
While the risks posed by data breaches are by now widely recognized, effective management of the risk is lagging. Statistics indicate that concern about data breaches is up, yet half of all...

The Morning Download: Amazon Puts Muscle Behind Nascent Internet of Things by Steve Rosenbush

11/10/2015 15:37
Good morning. Amazon.com IncAMZN +1.25%. has jumped into the Internet of Things, which falls into the category of good ideas whose time hasn’t quite come. The company’s Amazon Web...
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