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The cyber insurance market is evolving rapidly, balancing competitive pricing with rising threats. Businesses must stay proactive in managing cyber risks.
Effective risk management requires anticipating threats before they materialize. A recent report highlights climate change, cyber threats, and AI as key concerns shaping global risk landscapes and preparedness strategies for the future.
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.
At the PLUS Conference in Chicago, Jeff Kulikowski of Westfield Specialty shared some of his thoughts on wholesale distribution and professional lines coverage.
Cyber insurance claims severity surged 14% in H1 2024 as ransomware and business email compromise attacks targeted businesses of all sizes, according to Coalition.
Cyber threats top the list of business concerns for a fourth time in the 2024 Travelers Risk Index, as a record 62% of U.S. companies cited worries about cyber risks.
When it comes to artificial intelligence’s use of intellectual property and personal identifiable information, the technology may be new but the underlying legal and risk management principles that govern it are not.
Deepfake scams using AI to impersonate executives are on the rise, leading to significant financial risks for companies, according to HUB International.