Insureds have better defenses, but attackers are becoming more sophisticated too.

To significantly improve their cybersecurity posture, small businesses should focus on two simple but effective measures. First, they should implement MFA for all remote access points, including email systems and other critical applications. Second, they must ensure that their data backups are properly protected.

This year 6 brokers were selected as Cyber Power Brokers. An additional three were named as finalists.

Commercial insurance premiums show stability while cyber coverage marks a turning point with declining rates and improved loss ratios.

The cyber insurance industry is still in its formative stages and is continuously evolving within the broader insurance sector, according to Darryn Ratliff, making it a career path ripe with opportunity.

Third-party vulnerabilities plague the insurance industry as 59% of breaches involve external partners, SecurityScorecard analysis finds.

Insurance-linked securities (ILS) market for cyber risks offers new capital solutions for managing systemic cyber events, Gallagher Re reports.

Despite a drop in risk ranking, cyber attacks continue to grow with two-thirds of businesses reporting an increase in incidents, Hiscox survey finds.

The manufacturing industry remains an attractive target for cybercriminals. Facilities must put safeguards in place to prevent the devastating financial toll of a malicious attack.

Commercial insurers earnings are strong, but natural disasters, geopolitical risks, and mounting legal system challenges could upset the balance, the broker finds.

The manufacturing sector’s cyber exposure serves as a wake-up call for the industry, according to Cowbell.

Despite cooling growth, the cyber insurance market has significant untapped potential in SME and global markets, according to Swiss Re.

Just like with hurricanes or tornadoes, even if your business isn’t directly affected, you want to be prepared.

At the PLUS Conference in Chicago, Jeff Kulikowski of Westfield Specialty shared some of his thoughts on wholesale distribution and professional lines coverage.

Surge in telemedicine creates liability risks as providers grapple with coverage gaps and cybersecurity threats, reveals a survey of brokers by QBE North America.

Boards focus on driving growth through emerging technologies and managing heightened cybersecurity and fraud risks, a survey by BDO reveals.

Gallagher Re report details how analysis of external scanning data can help insurers better predict claims and differentiate among cyber risks.

The Associate in Cyber Risk Management designation is intended to bolster the knowledge of different stakeholders in the risk management and risk transfer professions.

Marsh’s Global Insurance Market Index experienced wide variations in rates by region and line of coverage in 3Q 2024.

Beyond risk transfer, cyber insurance providers must better communicate value-added services and engage key decision-makers to enhance cyber resilience, concludes a QBE Zywave report.