Insurance CROs are optimistic about their ability to shore up their operational defenses in 2024 despite global economic headwinds, and complex emerging risks, EY/IIF survey finds
AI isn’t just being used by the good guys. As cybercriminals incorporate AI tools into their arsenals, organizations must ramp up their mitigation and response plans.
Bad actors continue to be just that — bad — but with the right prevention and mitigation strategies, insureds can put up a stout fight against cyber intrusions.
In 2017, Merck & Co., a New Jersey-based multinational pharmaceutical company, fell victim to the NotPetya malware attack, resulting in damages exceeding $1.4 billion and affecting more than 40,000 of its computers.
In this fictive scenario, a burgeoning small town bakery is hit with a ransomware attack demanding Bitcoin payments… or else. But when this baker pays, no questions asked, she soon learns that maybe asking a question or two could have benefited her business.
From data breach lawsuits to tarnished reputations to environmental damage to broken equipment, here are ten potentially costly consequences of a cyberattack.
The battery energy storage system industry may just be one of the fastest-growing industries today. But cyber risks still weigh heavy on BESS owners and operators.
This fictive scenario sees U.S. public schools falling victim time and time again to elaborate social engineering schemes concocted by dastardly cybercriminals. But the fiction only goes so deep when looked at in reality.
EPIC’s Thompson Mackey weighs in on the ways Chat GPT, language models and the remote-work revolution will introduce new cyber vulnerabilities. In his view, we’ll need proactive risk management and cyber insurance to control for these cultural shifts.
The hiring of six attorneys practicing in the financial institutions and insurance space, in addition to announcements from RT Specialty, are among recent insurance industry hiring and promotion announcements.