Tags » Cyber Insurance

Data Breach Covered Under Traditional Travelers' Policy, 4th Circuit Says

VIRGINIA,  April 11  – The U.S.  Fourth Circuit Court of Appeals  has affirmed a ruling which obligates Travelers to defend Portal Healthcare in a class action case alleging its failure to protect a records server from unauthorized access.  238 more words

Insurance Coverage

SHA launches new Cyber product for SME’s

Early this year SHA Specialist Underwriters launched a new cyber insurance product to cater for small to medium sized businesses in South Africa. It is believed that smaller businesses are at greater risk of cyber threats when compared to large corporates, which brought about the need for this product. 104 more words

Cyber attacks on SMEs - the risk of attack is VERY real

SMEs are very attractive to cyber criminals: they have poorer security and limited resources, making them easier to attack than their larger counterparts, and are often part of larger supply chains, making them an easy point of access into larger corporations’ systems. 189 more words

Security

Top 5 Cyber Risks for Business - Travelers Insurance (newsletter article April 2016)

If you use the Internet for your business, you need to know the additional risks and liability exposures you face. From simple human errors by employees to sophisticated hacking schemes by professionals, there are numerous opportunities for data breaches. 670 more words

Insurance Tips

Cyber Coverage Watch: Louisiana Dispute Over Ascent Cyberpro Policy

NEW ORLEANS, March 30 – Eustis Insurance Company and its insured, New Hotel Monteleone, remain embroiled in litigation over coverage for a 2014 cyberattack, centering on the insurability of exposures Hotel Monteleone faces in the wake of the attack, including fraud recovery and operational reimbursement expenses.  324 more words

Insurance Coverage

Insuring a Cyber 9/11

Abstract

Cyber insurance has emerged as a dynamic and growing sector. In the United States alone, it is expected to earn more than $20 billion in premiums by 2020. 7,919 more words