cyber insurance
Is the cyber insurance market broken?
They had been warned. “It was a business in Texas,” recalls Mario Vitale, chief executive of cyber insurance provider Resilience.…
Fewer than half of London borough councils have cyber insurance
Despite holding vast amounts of personal data on citizens which makes them a prime target for cybercriminals, fewer than half…
Russia-Ukraine: businesses urged to check their cyber insurance policies
As tensions build on the border of Russia and Ukraine, the risk of a catastrophic cyber event grows too. But…
The ransomware crisis is making cyber insurance harder to buy
The ransomware crisis has put the cyber insurance industry under extreme pressure, increasing both the frequency and value of its…
Underwriters are no longer willing to bear the heavy cost of cyber insurance
Insurance industry body the Lloyd’s Market Association (LMA), which represents underwriters, has taken steps to regulate the cyber insurance market…
Marriott International Cites Insurance to Downplay Data Breach
Marriott International Inc. says the impact of the second major data breach it has reported in just 18 months will…
Design Your Own Cyber Security Insurance, Say Experts
When looking for cyber security insurance, the best thing is effectively to design your own policy, say experts. Looking for…
The Insurance Industry: An Important Part of the Fight against Cybercrime
At its root, cybercrime is a business like any other. Although legitimate business leaders and cybercriminals sit in opposite corners…
Top 5 Reasons You Should Have Cyber Insurance
The average hack cost businesses £857,000 in 2017, according to PwC’s Global State of Information Security Survey 2018. It is…
Cyber Insurance: Worth The investment?
For organisations of all sizes, the financial repercussions of a data breach or cyber-attack are now impossible to ignore. According…