Hartford Steam Boiler (HSB), part of Munich Re, has announced a stand-alone cyber insurance product for mid-sized companies. Designed for businesses with revenues of $10 million to $150 million, Total
In a recent interview at Rims this week, Ben Beeson, cyber practice leader at Lockton, discussed technology’s role in driving an increase in cyber capacity. As Beeson explains, “the capacity
Beazley, a key player in data breach response insurance and the largest insurer of cyber liability in the Lloyd’s market, has now partnered with Munich Re “to offer broad protection
Aon has released its first annual Captive Cyber Survey report, which found that business interruption due to a breach is the top cyber risk concern for businesses across all industries.
A Virginia federal appeals court has ruled that a commercial general liability policy (CGL) must cover a data breach. The Monday ruling – which upheld a lower federal court ruling
AIR Worldwide, a catastrophe modelling firm, has launched the first open source deterministic cyber risk scenario which intends to help companies and the insurance industry “better understand aggregated risk from
A new encryption bill is expected to hit the Senate floor soon which would prohibit the creation of unbreakable encryptions and would require companies to help with the encryptions already
The FBI has warned of a scam rising in popularity known as “business email compromise” that has stolen a total of more than $2.3 billion from businesses from October 2013
The Washington Post released a story on April 11 claiming that data for 44,000 Federal Deposit Insurance Corp. customers had been breached by an employee on the way out. The
Ransomware remains a looming threat to both private and government agencies, and now that the US Departments of Justice and Homeland Security have released the numbers of the virus’ many