With the sophistication of cyber attacks, claims growth, and now, a global pandemic driving an increasing number of businesses toward remote work, it’s no question the cyber insurance industry has had to evolve rapidly since its onset. However, Steve Robinson, …
AXIS Insurance, the specialty insurance business segment of Bermuda-based AXIS Capital Holdings Ltd., has formed a strategic partnership with cyber security company Elpha Secure. Cyber insurance and software protection will be offered to small businesses globally to help improve their …
Some serious money has been sent the way of various insurance startups over the past week. Investors backed cutting-edge commercial lines and cyber insurance products as well as advances in texting communications, producer management and licensing compliance, and digital risk …
BERLIN – As many as 60,000 computer systems in Germany were exposed to a flaw that allows unauthorized users to access systems in Microsoft Corp.’s email software, the head of its cyber-security watchdog said on Wednesday. More than half of …
Last summer, Katherine “Kitty” Green received some disturbing news about the computer network at Florida Gulf Coast University, where she oversees a foundation for private donors. An outside data provider warned it had detected that hackers sneaked into the university’s …
China’s global attack on Microsoft’s popular email software revealed last week and an equally sprawling Russian attack discovered three months ago have created a two-front war that threatens to overwhelm cybersecurity’s emergency responders, according to former U.S. officials and private …
Aon’s first ever Errors & Omissions/cyber insurance product snapshot presents a pretty dire picture of worsening conditions. There were on average three new E&O cyber matters per business day in 2020, a whopping 100 percent increase from 2019, and most …
CNA announced that CNA CyberPrep, a proactive cyber risk services program, has been launched in Canada. Already available to CNA’s customers in the United States, CNA CyberPrep helps cyber policyholders with threat identification, mitigation and response. The CNA CyberPrep program …
The Professional Liability Underwriting Society (PLUS) has launched a designation program for cyber liability professionals. The Cyber Professional Liability Practitioner (CPLP) designation builds on the organization’s Registered Professional Liability Underwriter (RPLU) designation that has been earned by more than 3,000 …
Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services, the first time a major provider has opened up such insurance to its clients, the companies said on …
