Last month, it was discovered that a group of international hackers successfully stole as much as $1 billion from 100 banks in 30 countries by gaining access to the banks’
ISO has announced a new cyber coverage targeting the undeserved small and midsize business market. The new coverage is available for use with the ISO Businessowners Program, which is a package policy used
A government report dating back to 2013 highlighted a number of security vulnerabilities at health insurer Wellpoint, since renamed Anthem.
A recent GAO report has found that significant weaknesses remain in the US air traffic control systems including “sensitive data going unencrypted, systems left unpatched, and a lack of timely
A recent survey of brokers has found that 85% of respondents were not confident when talking to SME clients about cyber insurance with regards to its value, importance and the intricacies.
Last week we wrote a post about how medical ID theft has doubled in the last five years. Recently Insurance Thought Leadership wrote an interesting follow up article exploring the explosion of this crime and
As we know, the majority of all cyber policies (90 percent) are purchased by US companies. This means that the remaining ten percent of policies are distributed to the rest of
According to a recent NAIC announcement, seven members from California, Indiana, Maine, Missouri, New Hampshire, North Dakota and South Carolina “will lead the multi-state examination of Anthem Insurance Companies, Inc. and
According to a panel of cybersecurity experts, the level at which a company has its systems and data secured is a key factor in how much it is worth when
Ben Lawsky, head of New York’s Department of Financial Services, recently stated that he fears a large cyber attack on Wall St. that could “spill over into the broader economy,” much
