Tags » Cyber Insurance

Insurers struggle to get grip on burgeoning cyber risk market

PARIS/BOSTON: Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check. 627 more words

Blog

Cyber Risk Risks Are Real

California law requires a business or state agency to notify any California resident whose unencrypted personal information, as defined, was acquired, or reasonably believed to have been acquired, by an unauthorized person. 368 more words

Business Insurance

Think Cyber Insurance is the Only Way to Protect Your Company from Hackers? Think Again

It’s normal to become pessimistic when you attempt to protect your company from cybercrime. After all, nearly every expert says it’s not a matter of… 800 more words

Cyber Insurance: The Next Big Thing for Businesses

Earlier this year, New York City-based staffing agency Clarity bought cyber insurance for the first time. This spring it added more coverage.

“We were actually hearing about it from our clients,” said Elizabeth Wade, Clarity’s operations manager. 530 more words

Blog

Does a Small or Medium Sized Business Really Need Cyber Insurance?

As part of doing business, do you record and store birth dates, Social Security numbers, health information or other sensitive data for customers and/or employees? If so, you… 367 more words

Business Asset Protection

The Sting of the Busy Bee

It’s been a busy couple of weeks for the GFSC – if the release of no less than eight news releases during the first 2 and a half weeks of June already is anything to go by! 525 more words

Cyberattack Insurance a Challenge for Business

Specialized policies to protect against online attacks are offered by about 50 carriers, including big names like the American International Group, Chubb and Ace. As data breaches have become a reality of the business world, more companies are buying policies; demand increased 21 percent last year from 2012, according to Marsh, a risk management company and insurance broker.

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