cyber risks News
Cyber Attacks Increase, but Boards and Businesses Are Fighting Back
A majority of businesses admit that they experienced at least one cyber attack in the last year; companies also increasingly see these risks as a major threat to their operations. Faced with these ...
Travelers: Cyber Risks Now a Top Consumer Concern
Just as property/casualty insurers are increasingly worried about cyber risks, it turns out consumers fears are growing rapidly right there with them, according to The Travelers Companies' 2015 ...
Cyber Risks Poised to Become a $20 Billion Market: Allianz
Cyber risk remains a rapidly increasing problem with wide-ranging economic impact and cost. A new Allianz report illustrates how bad the situation has become, costing the global economy $445 billion ...
Cyber Risks Real as Automakers Bring E-Commerce to the Dashboard
Hackers can already take control of a car. And as vehicles become rolling shopping malls, cyber criminals will have an opportunity to snatch your identity, too. Eager for a cut of drivers' purchases ...
Hiscox USA Brings On New Chief Underwriting Officer
Hiscox has named a new chief underwriting officer for its fast-growing U.S. unit. Nicole Goodwin will be based in Hiscox USA's New York City office. She replaces Gary Head, who will head to London to ...
Willis: IT Costs Trump Cyber Concerns For Financial Services Firms
Rising costs for information technology infrastructure pose greater concerns for financial services firms than regulation or cyber attacks, a survey showed on Monday. IT costs came second only to ...
Marsh Sees Directors and Officers Risking Cyber Attack Liability
Directors and officers need to be certain of their responsibilities relating to the prevention or management of a cyber event, or else they run the risk of being held personally liable should an ...
CNA’s 5 Ways to Strengthen Cyber Risk Management
A new CNA blog item offers a number of tips for businesses to strengthen their management of cyber risks. Written by CNA's David Hallstrom, director of Information Risk Insurance, the write-up ...