All cyber insurance articles – Page 2
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Analysis
Beazley reveals 13% rise in cyber fraud claims
Organisations must get smarter about educating employees to spot fraudulent tactics
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Analysis
WTW launches new cyber facility as ‘ransomware crisis’ continues
Broker offers up to $50m of Lloyd’s excess layer capacity, as firms continue to cite cyber risks as a top priority
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Analysis
Cyber war endorsements could invite innovation
Credentials stolen via phishing remains the most common cyber attack vector for businesses
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Analysis
‘Green shoots’ as insurance pricing begins to soften - Airmic
The pace of increase in directors’ and officers’ liability insurance premium rates is slowing
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Analysis
IoT explosion presents massive (and growing) cyber exposure
Just 4% of experts worldwide are “confident” that connected devices are properly secure, warns WEF
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Analysis
Royal Mail ‘cyber incident’ causes widespread disruption
Ransomware attacks have risen sharply since Russia’s 2022 invasion of Ukraine
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Analysis
Make 2023 the year of zero trust
Uber, Optus and Medibank are cautionary tales in corporate network access, writes MyCena’s Julia O’Toole
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Analysis
Commercial insurance rate hikes continue
Insurance pricing rose by an average of 5.7% in 2022, the sixth consecutive year of rate increases
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Analysis
Why cyber is the biggest risk for 2023
Cyberattacks in Europe have been growing steadily, but the insurance capacity crunch continues
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Analysis
Cyber will be the biggest risk code for Lloyd’s in 2023
CFC’s chief underwriting officer says cyber insurance has ’had to grow up’, but balancing regulation and value propositions is tricky
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Analysis
RIMS 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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Analysis
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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Analysis
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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Analysis
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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Opinion
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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Analysis
Fraudsters target professional services firms
Claims caused by fraudulent instruction and business email compromise are on the rise - Beazley
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Analysis
Ransomware: Business is booming
Ransomware is forecast to cause $30 billion in damages by 2023, warns AGCS
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Analysis
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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Analysis
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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Analysis
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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