Cyber Insurance

Cyber Insurance Not Valid in Case of Cyber War, Says Major Insurance Company

January 17, 2019

In what is shaping up to be a major test case for the entire cyber insurance industry, Zurich Insurance is refusing to pay out a $100 million claim from Mondelez, saying that the ransomware attack was actually an act of “cyber war,” and therefore, is not covered by the policy. Read More

Executives discussing cybersecurity defenses

Cyber Security Insights

Getting Defensive: Expert Advice on Cybersecurity

July 2, 2018

CPO Magazine sat down with Prashant Pai and Scott Stransky at Verisk to understand what companies should consider when shoring their cybersecurity defenses. 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

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

Image of businessman holding umbrella in a digital rain representing the need for businesses to get cyber liability insurance

Cyber Security Insights

Does the 21st Century Business Really need Cyber Liability Insurance?

July 13, 2017

If your business is dealing with data then ignoring the peace of mind that cyber liability insurance would provide would be foolhardy. In fact, the very survival of a business that stores and leverages customer data in any way may very well depend on good cyber liability coverage. Read More

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