Tags » Cyber Insurance

Cyber Insurance: What Is It and Who Needs It?

Breaking news earlier this month reported one of the biggest cyber attacks ever. A cybercrime gang of less than a dozen people from south central Russia had amassed a staggering 1.2 billion user name and password combinations and 500 million email addresses from poorly protected sites. 1,242 more words

Operations

Cyber Threats to the Insurance Industry

Written by Gal Landesman

In recent years, insurance companies have been finding themselves affected by the rising number of major incidents of cyberattacks. On the one hand, this trend presents a business opportunity for selling cyber insurance to organizations concerned about protecting their sensitive assets. 655 more words

Cyber Intelligence

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