
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...
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...
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...
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...