The costs of business interruption due to a breach is the top cyber risk concern for businesses across all industries, according to a new survey of captives. Aon Global Risk Consulting, in its 2016 Captive Cyber Survey report, found that …
Nobody really knows what the biggest cyber risk is. But Scott Stransky, senior scientist at risk modeling firm AIR Worldwide, has thought a lot about a cloud breach and the business interruption ramifications. Listen as he describes the “Hurricane Andrew” …
Insurance broker Beecher Carlson has launched a cloud-based application service called CyberSelect BI Vision to help educate policyholders on their exposure to business interruption losses from cyber risk. The app is a cyber business interruption calculator that companies can use …
The high costs related to business interruption should provide an impetus for companies to prep for them in advance, according to industry experts. During a recent webinar hosted by global broker Marsh, insurance experts detailed the top five issues related …
