Tags » Cyber Insurance

Systematic Insider Fraud by an Employee

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As we’ve noted previously; firms considering risks to their business should no longer be focussed on break-ins or traditional physical crimes.  The biggest theft threat faced by most organisations now comes from deft deception, sometimes from external parties, sometimes from within. 59 more words

Balance Sheet Protection

Prepare for the Inevitable Data Breach

Insurance is catching up with modern day business risks and evolving to address current trends. Unfortunately, data breaches have been an issue for some time, but cyber insurance is available and shaping up to be an effective tool to mitigate certain damages. 197 more words

Newsletter

Cyber Attack on Power Grid Could Cost $1 Trillion: Report

A cyber attack which shuts down parts of the United States’ power grid could cost as much as $1 trillion to the U.S. economy, according to a report published on Wednesday. 25 more words

Cyber Security

The New York Stock Exchange network crash — a false sense of (cyber) security?

Most people were relieved when investigators determined that the recent electronic disruptions at the New York Stock Exchange and United Airlines were caused by internal glitches and not by hackers. 746 more words

Property & Casualty

Cyber-attacks are on the rise: What steps are you taking to mitigate your risk?

There’s a tendency to think of cyber-attacks as a new and unique threat to businesses; however, the reality is that we should not be surprised when hear about the heightened activity of hackers today. 616 more words

Insurance

Social engineering fraud - are you prepared?

Social Engineering Fraud is not a new phenomenon.  Who hasn’t received an e-mail asking to voluntarily send personal information to another so we can receive some sort of a large reward?  421 more words

Property & Casualty