cyber risk News
Cat Modelers Look to Clarify Cost of Cyber Risk
Even as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not ...
Financial Institution Cyber Defenses Attract U.S. Regulatory Scrutiny
U.S. regulators on Wednesday said they were stepping up efforts to examine financial institutions' defenses to ward off cyber attacks, as a top FBI official warned of new "increasingly complex" ...
Apple Computers and Devices Targeted By New Malware
Palo Alto Networks Inc has discovered a new family of malware that can infect Apple Inc's desktop and mobile operating systems, underscoring the increasing sophistication of attacks on iPhones and ...
Survey: Businesses Slow to Boost Cyber Insurance Coverage Despite Risks
While a majority of U.S. finance executives now see high-profile cyber-breaches as a major risk, many still have inadequate cyber insurance coverage, a new survey found. That finding comes from the ...
Assessing Reinsurers: It’s About Talent, Not Capital
The movement of third-party capital into the reinsurance space was a constant theme of a recent seminar during which A.M. Best SVP Matt Mosher predicted that reinsurers will ultimately evolve into ...
Analysts Debate: Are Insurers, Reinsurers Too Risk Averse?
Have property/casualty insurers and reinsurers forgotten what they're in business to do? That was one of the questions that three industry analysts debated during a recent reinsurance seminar, when ...
Insurers Struggling With Cyber Risk Market; Staffing an Issue
Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market, but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check. ...
ISO Joins With IDT911 to Analyze Cyber Risks
IDT911 (Identity Theft 911) has become the vendor of choice for data-breach avoidance and remediation services for the ISO Businessowners Program, ISO said Wednesday, announcing a strategic ...