Unlike other forms of insurance which rely on historical data modeling designed to quantify, predict and mitigate risk, cyber-risks are constantly evolving, making the next event extremely difficult to foresee.
Two North Carolina men were arrested last Thursday for their involvement in hacking senior U.S. government officials and U.S. federal computer systems. Andrew Otto Boggs, under the handle “INCURSIO” and
As the concept of self-driving vehicles becomes a reality, cyber experts worry that a hack into a vehicle’s system could lead to a deadly and catastrophic incident. A recent article
It appears the Russian hacking group ‘Fancy Bear’ has struck again, posting the medical and drug testing records of several top U.S. Olympians online. The World Anti-Doping Agency (WADA) announced
New York Governor Andrew Cuomo announced a proposal requiring financial services companies, including insurance brokers, insurance companies, banks and other financial services institutions, to follow specific cybersecurity protocols intended to
The Federal Trade Commission (FTC) now ranks ransomware as “among the most troubling cyber threats” due to the strong increase in recent months. Not only are ransomware attacks increasing in
Technology specialty insurer Hiscox has announced a combined cyber protection and general liability risk protection product called Healthcare Threat Protect. This new product is designed to bridge the gap between
Despite a rise in the frequency and severity of cyber-attacks, businesses both large and small believe they are doing enough to mitigate the effects of a data breach. While high-profile
Online hackers have leaked personal emails sent by former Secretary of State Colin Powell labeling Trump a “national disgrace” and an “international Pariah.” When confronted about the leaked emails, Powell
According to the Department of Homeland Security, 31 percent of all cyber-attacks targeted small businesses, and nearly 59 percent of small and medium-sized U.S. businesses do not have a contingency
