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With rising cyber threats, the U.S. cyber insurance market faces hardening conditions in 2024, as KYND Ltd.’s survey reveals increased rates and underwriting standards.
Ten percent of respondents to AM Best have a cyber security policy.
When the latest technologies offer convenience at the expense of privacy, we must be conscious of where to draw the line.
More companies are buying cyber insurance, brokerage firms say.
Unlike other types of insurance, there is no standard form on which the insurance industry as a whole underwrites cyber coverage.
Many companies were ill-prepared to protect data or to respond should a breach occur.
New e-payment systems offer some data security advantages but face implementation challenges.
Commercial social engineering schemes are costing billions.
Technology
Utilities
Here’s a five-point roadmap to understanding and mitigating cyber risk exposures.
The Sony data breach had a ripple effect that impacted not only the company but the general population as well.
There are two distinct risk issues at play in the Sony issue: data security and freedom of speech.
The Sony hacking makes real the fear that all the risk mitigation protocols you’ve become accustomed to may have outgrown their usefulness.
Being vigilant on cyber security requires companies to have confidence in the IT protections of their vendors and partners.
Cyber insurance offers benefits to risk managers, even in absence of a data breach.
These insurance execs are leading their organizations through tricky new risks and market conditions.
Risk managers must manage social media’s risks while harnessing its speed and efficiency.
Sloppy authentication is creating unnecessary cyber vulnerabilities.
Higher education risk managers are focusing on ERM, as well as cyber security and compliance risks.
Focusing on the day-to-day implementation of controls, policies and processes help reduce reputational risk.