AM Best Warns of ‘Grim’ Future for Cyber Insurers
The increase in cyber losses outstripped rate hikes last year, suggesting "more trouble for 2021 as ransom demands continue to grow."
The Most Notorious Rogue Employee Speaks
Revelations in Edward Snowden's new book offer companies strong lessons for safeguarding sensitive data.
More Clients Buying Cyber Coverage: Marsh
One of the reasons: property insurers are generally no longer willing to cover business interruptions caused by network intrusions.
Cyber-Risk Costs Resist Overall Trend
Businesses' total cost of risk declined again in 2017, but cyber insurance costs moved in the opposite direction, rising 33%.
Hybrid Cyber-Risk Solutions May Lower Cost of Insurance
Requiring businesses to buy certain IT products to get better cyber insurance coverage may be an idea whose time has come.
Among the various threats to corporate well-being, one — the vulnerability of sensitive data — stands out from the crowd.
How to Buy Cyber Insurance
Deciding how much cyber insurance to buy is no trivial matter, and the responsibility rests with the CFO.
‘Wannacry’ Spotlights Need for Cyber Liability Coverage
D&O insurance will become more and more valuable to fend off shareholder-driven cyber litigation.
Advice to Cyber Insurance Buyers: You Are Not Alone
CFOs and risk managers need to know that cyber underwriters are using "security scores" to assess their clients' risks.
Many Companies Taking a Pass on Buying Cyber Insurance
Lack of a standard language, concern over potential coverage gaps, and uncertainty over the value of policies are making businesses wary.
Directors Focusing More on Cybersecurity — But Is It Enough?
Three-quarters of boards are more involved with cybersecurity than last year, but only a quarter share information externally after an attack.