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A joint report from the Insurance Information Institute and Fenix24 found that insurers, despite setting cybersecurity standards for policyholders, still have vulnerabilities in their own defenses.
The disruptive influence of evolving risks has the potential to drive innovation in the insurance industry and beyond.
We prize speed and efficiency on the Internet. We ignore the security blind spots at our peril.
An integrated cyber security and breach response team is crucial to protecting an organization.
A new schema will create a standard way for insurers to gather data on cyber exposure.
The threat of a catastrophic cyber attack on our infrastructure is real.
To survive a cyber attack, create a team of cyber crisis specialists; think of them as your Cyber Security Seal Team Six.
Industry forum panelists acknowledged cyber security and investment income challenges, but saw growth opportunities in 2016.
Modeling cyber risk accurately is key to avoiding a subset of D&O claims.
Except for cyber, risk managers can expect declining insurance premiums.
Companies that move data and services to the cloud may put themselves at risk of attack by patent trolls.
It’s our internet passageways that are the weakness, not the walls of our cyber defenses.
Middle-market companies are being targeted by insurers, but some industry sectors are finding it increasingly difficult to get coverage.
A recent ruling requiring “reasonable care” in securing data increases liability risk.
More industry sectors are increasing coverage, while more focus is placed on damage to digital assets.
A look at the latest decisions impacting the industry.
Practitioners urge the professional liability markets to throw off an ‘antiquated mindset.’
Insurers emphasizing risk engineering to cope with reduced investment income.
A social engineering cyber attack results in a massive loss of medical records, a reputational hit and a merger gone bad.
Cyber coverage is readily available and inexpensive, but insureds’ understanding of exposures remains mixed.