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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 risk to brand or reputational damage was seen as the top concern of risk managers, who also ranked cyber risk as a top 10 global risk for the first time.
Each year since 2011, Risk & Insurance forecasts the Most Dangerous Emerging Risks — often with uncanny accuracy.
Companies can no longer expect to conduct business out of the gaze of prying eyes.
The threat of hacking implantable defibrillators and other devices is already growing.
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.