Are insurance companies collecting enough money to cover future cyber events?
Nobody really knows, but there is reason for concern.
Insurance companies are offering more cyber coverage to gain market share. 191 more words
Marsh has undertaken an in-depth study into organisations’ attitudes towards the cyber threat, the management control processes they have in place, and their understanding and use of cyber insurance as a means of risk transfer. 2,112 more words
RIMS, the risk management society ™ has conducted its first Cyber Survey 2015 to explore strategies implemented by risk professionals including insurance investments, exposures, cyber security ownership, government involvement, as well as identification methods and response procedures. 208 more words
I’ve heard covered entities make the comment, “Well our insurance will cover our losses if we have a breach.” I wouldn’t be so sure about that anymore. 179 more words
Jay Edelson’s firm, Edelson PC, has been lead plaintiff counsel in highly publicized class-action suits brought against technology companies on the grounds of privacy violations. His firm has targeted early stage start-ups to technology giants like Amazon, Apple, and Google. 516 more words