Having a cyber insurance policy that keeps up with both market trends and threat actors’ approaches is a surefire way of ...
Cyber insurance has matured beyond its early role as a balance-sheet hedge. As cybercrime grows more complex and interconnected, buyers are no longer satisfied with coverage that responds only after a ...
Cyber-insurers are tightening requirements as claims rise, shifting from compliance checks to mandated identity controls. New ...
The article summarizes the key cyber coverage decisions of 2022—and from a policyholder's viewpoint, the good, the bad, and the in-between. To borrow a term from the 2020 lexicon, 2022 was an ...
Insured entities are becoming more sophisticated in their views on how cyber policies fit into their broader risk management ...
Many companies don't have cyber insurance because of costs, but the market is growing. Cyber insurance can help companies recover financially from cyberattacks and data breaches. This story is part of ...
Companies large and small find themselves the target of cyberattacks from a variety of threats. It’s important for businesses to know what type of coverage they have and need in cyber insurance to ...
It’s no secret that the overwhelming majority of cyber insurance policies underwritten today are for commercial lines. But as the song goes, “The times they are a-changin’.” Several trends are on ...
There is no doubt that technology, the internet, and the exponential connectivity of all the things we use in our daily lives have created unprecedented efficiency, precision, and oversight for nearly ...
A consistent pattern emerges in data breach and cyber-attack cases when companies turn to their insurers for coverage after such incidents. Whether they possess specialized cyber insurance or not, ...
The cyber-insurance market continues to generate profits for underwriters, but competition in the market and softening demand has led to a decline in the total revenue from premiums for the third ...