In the past year, tremendous regulatory developments have taken shape in the realm of cybersecurity, fiduciary responsibility and legal liability for licensees. Starting with the State of New York’s ...
Not that long ago, few companies even considered purchasing insurance to mitigate their financial exposure from a cyber incident, and for those that did, obtaining a policy was as easy as filling out ...
Cyber insurance is viewed by many cybersecurity experts as a crucial component of a modern security strategy, given surging cyber incidents and associated business costs. The global cyber insurance ...
Small businesses face the same cybersecurity threats as large enterprises, but often lack the resources and expertise to defend against sophisticated attacks. The stakes are particularly high for ...
Cybersecurity insurance (also known as cyber insurance) provides financial protection in the event an organization is hit by a cyberattack. According to IBM’s Cost of a Data Breach Report 2023, more ...
Insurance has always evolved with new forms of risk, but cyber insurance has moved faster than any line before it. It is still young yet already central to how companies think about resilience. In my ...
As ransomware threats against small businesses escalate, understanding the nuances of business interruption coverage — and the rigorous documentation required to file a claim — is essential for ...
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How AI adoption is making insurers rethink cyber cover
As artificial intelligence (AI) makes businesses smarter and more efficient, it is also making cyber risks more complicated.For years, companies buying cyber insurance worried about familiar threats ...
Cyber insurance has evolved from a niche product into a critical component of enterprise risk management, fundamentally changing how organizations approach cybersecurity. Unlike traditional property ...
Cyberattacks happen every day, and any company that relies on technology to conduct business is at risk. But one way leaders can minimize the impact of losses from a cybersecurity incident is by ...
When the BlackCat ransomware gang compromised healthcare-billing services firm Change Healthcare in February, several security controls failed: The company did not adequately protect its Citrix remote ...
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