cyber insurance News
Ransomware Attacks Soaring as They Target IT Vendors and Their Clients
Ransomware attacks increased by 37 percent during the third quarter of 2019 compared to Q2, as cyber criminals target both IT vendors and their clients, according to data compiled by insurer Beazley. ...
The Latest Cyber Launches From Sompo International, Verisk and Guidewire
Sompo International Holdings has partnered with two companies to beef up its cyber risk management services for email security protection. Verisk rolled out an analytics product that aggregates cyber ...
The Latest Launches From Chubb and The Hartford
Chubb unveiled an enhanced version of a tool it offers to help an organization spot global cyber threats. The Hartford launched an updated iteration of a policy designed to deliver tailored insurance ...
EU Warns Next-Gen 5G Networks Present Increased Cybersecurity Risks
The European Union warned on Wednesday of the risk of increased cyber attacks by state-backed entities but refrained from singling out China and its telecoms equipment market leader Huawei ...
It’s Time to Assess Cyber Insurance Coverage Gaps
As Cybersecurity Awareness Month is underway, it may be time for businesses – especially small- or mid-sized firms – to assess their understanding of current cyber risks and whether they're ...
Cyber Insurance Does Not Make Clients Ransomware Targets: Marsh
Cyber insurance remains a useful tool in the fight against ransomware, a new Marsh briefing argues. That may seem like an obvious thing to say, but the briefing points out that some are increasingly ...
More Awareness About Business Interruption Risks Driving Cyber Cover Increases: Zurich Insurance
Businesses are increasingly aware of cyber-related business interruption risks and stepping up to increase their coverage to more adequate levels as a result, according to a new Zurich Insurance ...
Cyber Risks Reign Supreme Among Businesses of All Sizes
Cyber risks are the top concern among businesses of all sizes. Of the 1,200 business leaders who participated in an insurer-sponsored survey, 55 percent said they worry some or a great deal about ...