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Cyber Insurance

New Program to Rate Cybersecurity Products Involves Biggest Names in Cyber Insurance Industry

April 11, 2019

Insurance giant Marsh & McLennan is leading a “Cyber Catalyst” program involving top cyber insurance companies to provide seal of approval for top-rated cybersecurity products. How will this impact consumers and the cyber insurance industry? Read More

Businessman standing with umbrella showing cyber insurance becoming a necessity for companies

Cyber Security Insights

Cyber Insurance Becoming a Necessity, No Longer a Luxury for Prepared Companies

June 4, 2020

With number of cyberattacks climbing, having a cyber insurance with the appropriate coverage can make a difference between a company surviving an incident and shutting down because of it. Read More

Two women under umbrella showing cyber insurance companies lagging behind to provide customer needs and protect against emerging threats

Cyber Security News

New Report Indicates Cyber Insurance Providers Are Too Slow to Respond to Emerging Threats, Customer Needs

May 31, 2019

Only 18% of businesses recently surveyed said they have comprehensive cyber insurance coverage, however the gap is not closing with only 27% of insurers having the technological capability to provide a plan to cover cyber risks. Read More

Image of stethoscope on laptop keyboard representing cyber risk benchmarking for cyber insurance

Cyber Security News

Cyber Insurance Gets a Boost with Cyber Risk Benchmarking Model

January 5, 2018

AIG releases new cyber risk benchmarking model to quantify and score cyber maturity of clients, boosting cyber insurance and promoting metrics useful for the industry to evaluate the risks that organizations face in terms of cyber security. Read More

Man with umbrella against binary number background showing the risks in current cyber insurance market

Cyber Security Insights

Cyber Insurance: You Get What You Pay For

September 3, 2019

Boom in cyber insurance market is no surprise with high-profile data breaches happening one after another. Do companies really understand what they are covered for? Read More

Businessman standing next to dangling carrot showing how cyber insurance providers incentivize clients to buy from specific vendors

Cyber Security News

Cyber Insurance Providers Now Incentivizing Clients to Buy From Specific Vendors

October 28, 2019

Cyber insurance providers will now incentivize clients to buy cybersecurity services and products under the new Marsh Cyber Catalyst program with first group of 17 services added this September. Read More

Young man is holding umbrella during thunderstorm showing cyber insurance not covering emerging risks

Cyber Security News

Most Businesses Vulnerable to Emerging Risks Not Covered by Their Cyber Insurance

May 11, 2020

Most businesses are more vulnerable to emerging risks such as malware and ransomware attacks than traditional threats yet there are coverages gaps in their cyber insurance policy. Read More

Image of umbrella in the rain representing cyber insurance for public sector agencies

Cyber Security Insights

Cyber Insurance Now Critical for Public Sector Agencies?

November 29, 2017

The private sector is increasingly turning to cyber insurance to at least mitigate some of the effects of hacking, however governments across the globe seem to have been slow to take advantage. Given the severity of the cyber threats, is it time for public sector agencies to leverage cyber insurance offerings? Read More

Man holding umbrella walking into a laptop with lightning on the screen showing how insurers have a role in tackling cyber threats

Cyber Security Insights

How Insurers Can Tackle Cyber Threats in the Digital Age

March 27, 2019

Insurers have a vital role to play in inoculating organizations against potentially crippling attacks. With cyber insurance premiums forecast to reach $7.5 billion by 2020, how can insurers do their part to leverage this opportunity for the benefit of customers in today’s digital world? Read More

Businesswoman standing in the rain holding umbrella showing that cyber insurance coverage may not be what was expected

Cyber Security Insights

Businesses Are Finding Out That Cyber Insurance Coverage Might Not Be What They Thought

January 31, 2019

Given the growing prevalence of data breaches, evidence is building that many cyber insurance policies might be close to worthless, as insurance companies look for any excuse possible to avoid paying out the full amount of a claim. Read More

Cyber Insurance

New Program to Rate Cybersecurity Products Involves Biggest Names in Cyber Insurance Industry

Cyber Insurance Becoming a Necessity, No Longer a Luxury for Prepared Companies

New Report Indicates Cyber Insurance Providers Are Too Slow to Respond to Emerging Threats, Customer Needs

Cyber Insurance Gets a Boost with Cyber Risk Benchmarking Model

Cyber Insurance: You Get What You Pay For

Cyber Insurance Providers Now Incentivizing Clients to Buy From Specific Vendors

Most Businesses Vulnerable to Emerging Risks Not Covered by Their Cyber Insurance

Cyber Insurance Now Critical for Public Sector Agencies?

How Insurers Can Tackle Cyber Threats in the Digital Age

Businesses Are Finding Out That Cyber Insurance Coverage Might Not Be What They Thought

Hundreds of Millions of IoT Devices Affected by TCP/IP Security Flaws Allowing Remote Code Execution and DDoS Attacks

Citing National Security, India Bans Dozens of Chinese Apps in Wake of Border Skirmishes

Cybersecurity Needs its Place in Emergency Management Now

Report Says DDoS Attacks Increased by Over 500% Because of the COVID-19 Pandemic