Cyber insurance has matured beyond its early role as a balance-sheet hedge. As cybercrime grows more complex and interconnected, buyers are no longer satisfied with coverage that responds only after a ...
Premium reductions, stable pricing, and ample reinsurance capacity have created what many brokers might call an ideal market.
Many companies don't have cyber insurance because of costs, but the market is growing. Cyber insurance can help companies recover financially from cyberattacks and data breaches. This story is part of ...
Insured entities are becoming more sophisticated in their views on how cyber policies fit into their broader risk management ...
The cyber-insurance market continues to generate profits for underwriters, but competition in the market and softening demand has led to a decline in the total revenue from premiums for the third ...
Small and medium enterprises (SMEs) are more likely to buy cyber insurance because of professional advice or perceived risks ...
Cyber-insurers are tightening requirements as claims rise, shifting from compliance checks to mandated identity controls. New ...
CFC, an insurance provider with a focus on carbon-related risks, has launched a new extension to its flagship Cyber Proactive ...
It’s no secret that the overwhelming majority of cyber insurance policies underwritten today are for commercial lines. But as the song goes, “The times they are a-changin’.” Several trends are on ...
A strong cyber insurance program is a critical risk management tool for companies, regardless of size or industry focus. When properly crafted, cyber insurance should protect a company against the ...
While security breaches that affect large enterprise businesses tend to make the biggest headlines, small businesses are just as vulnerable, if not more so. In fact, a recent survey by Mastercard ...
Most policyholders are aware of the danger of losses from fraudulent instructions and invoices accomplished through what is known as “social engineering” or related methods. Often this is carried out ...