All cyber insurance articles
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NewsRIMS supports proposals for US cyber insurance backstop
Federal risk pool proposed to insure large-scale catastrophic cyber incidents must be well crafted, says risk association
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Buyers call for clarity over cyber war exclusions
Zurich-Mondelez dispute highlights need for insurers to be clear on ‘war’ cover with customers
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Plugging gaping holes in protection
Does the creation of a mega captive in Europe reflect poorly on commercial insurers, and what are the risks involved?
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Three ways of increasing cyber insurability - sigma
There is currently a protection gap of around 90% due to the uncertain nature of systemic risk
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Evolving attitudes to cyber risk
Why some businesses are re-evaluating their attitude to cyber coverage amid rising premiums and tougher terms
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Fraudsters target professional services firms
Claims caused by fraudulent instruction and business email compromise are on the rise - Beazley
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Ransomware: Business is booming
Ransomware is forecast to cause $30 billion in damages by 2023, warns AGCS
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Beazley warns of cyber risk complacency
An uncertain geopolitical risk landscape could be one source of distraction as cyber resilience deteriorates
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Revolut hit by ‘highly targeted’ cyber attack
Fintech pet insurer has become the latest firm to be hit by cyber attack, after an employee was targeted with phishing
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Holiday Inn hotel chain hit by cyber attack
Hotel chains are often targets for cyberattacks due to the data they hold, says Coalition’s head of insurance
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Smaller firms are becoming bigger targets for cyber criminals – Coalition
The cyber insurer’s head of claims says ’small businesses are especially vulnerable because they often lack resources’
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Amrae welcomes proposals to resolve cyber capacity crunch
Risk association welcomes “major milestone for the cyber resilience of the economy” and calls for rapid action
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Cyber: Hitting pause
At below $10 billion, why has the cyber re/insurance market failed to live up to its potential?
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Cyber rate rises of 300% ‘not uncommon’ - Miller
Despite ‘no material change in exposure’, insurers are upping premiums by 100% on average and reducing capacity
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Reputation in an era of state-sponsored attacks
Managing the reputational fallout from being the subject of a cyber attack is an aspect that is often overlooked
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CISOs face burnout as ransomware threat continues
A third of organisations experience a ransomware attack at least once a week, with impacts on security professionals’ wellbeing
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Ukraine fall-out and new ransomware tactics elevate cyber risks
The maritime sector and satellite infrastructure are sectors most likely to be targeted by cyber criminals
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Cyber: Banning ransoms is a ‘blunt policy instrument’
A ban could encourage ransomware attackers to engage in new, more malicious forms of extortion, warns Geneva Convention
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Insurers must deploy capital ‘confidently’ to tackle cyber crunch
Demand for cyber insurance has increased - but so has the price
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Cyber extortion grows in sophistication, warns Beazley
Data exfiltration is now prevalent in a significant majority of incidents as extortion techniques become increasingly complex
