What to Expect: The Cyber Liability Insurance Application Process
These days, cyberattacks are happening at a dizzying pace, with each breach more expansive than the last. As a result, more company leaders are seeking…
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SMEs’ Concerns Over Cybercrime Have Doubled, Zurich Survey Reveals
Small and medium-sized enterprises (“SMEs”) around the world are making greater use of the Internet and, therefore, are becoming more exposed…
Read Full ArticleHigh Risk of Ransomware Attacks During Tokyo Olympics
Should the Summer Games face a cyberattack, the losses would be significant.
Read Full ArticleInsurance Coverage for Cyber Risks
When it comes to insurance coverage for cyber risks, uncertainty continues to reign supreme. Cyber liability insurance is constantly evolving, and while…
Read Full ArticleInsurers Must Brace for Catastrophic Cyber Risk
Industry-wide, more than 80% of insurers reported a rise in cyber claims in the fourth quarter of 2021.
Read Full ArticleIs Cyberinsurance Really Worth It? Using ADR to Resolve Cyberattack Disputes
While strengthening a company’s cybersecurity posture can make a considerable difference, companies must also prepare for the unfortunate inevitability…
Read Full ArticleEvolving Cyber Concerns Create Gaps in Homeowners’ Coverage
Today’s criminals don’t want just your jewelry or car anymore — they want your digital property.According to the FBI, there were…
Read Full ArticleWill Your CGL Policy Provide Coverage in Cyber Data Theft Claim?
This case underscores that insurance coverage for cyber claims can come under different insurance products.
Read Full ArticleAIG Launches New Cyber Model That Scores Client Cyber Risk
American International Group, Inc. ("AIG") has launched a new cyber benchmarking model that, it said in a statement, quantifies and scores…
Read Full ArticleCyber Risks Pose Threat for Insurers, Even Those That Do Not Offer Cyber Insurance, GlobalData Says
Even insurers not offering cyber cover could find themselves being impacted financially by having to cover the cost of cyber-related claims due to ambiguous policy wording, according to GlobalData.
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