‘Sextortion’ Is Emerging Cyber Risk for Businesses, Warns Beazley February 21, 2019 A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially...
MGA Coalition Covers Firms with Cyber Exposure Under EU’s Data Privacy Law February 20, 2019 Coalition, the San Francisco-based managing general agency that specializes in cyber insurance for small and mid-sized businesses, announced it is...
Asia-Pacific SMEs Are Over-Confident About Their Cyber Preparedness: Chubb February 15, 2019 A significant perception gap exists between the cyber awareness and cyber preparedness at small and medium enterprises in some Asia-Pacific...
Swiss Re Partners with Insurtech Firm OZON, Offering Cyber Risk Solution in France February 5, 2019 Swiss Re Corporate Solutions is expanding its cyber offering by launching CyberSolution 360°, a risk management solution that combines insurance...
Global Malware Attack Could Cost Insurers $27 Billion January 29, 2019 By Noor Zainab Hussain A coordinated global cyber attack, spread through malicious email, could cause economic damages anywhere between $85 billion and $193 billion,...
CFC Expands Cyber Insurance Product with Business Interruption Cover January 9, 2019 CFC, the London-based managing general agent that specializes in emerging risks, announced it has expanded its cyber insurance product to...
Most UK SMEs Don’t Understand Risks of Cyber Attacks, Data Loss: Aon Poll December 13, 2018 A poll of small and medium-sized enterprises (SMEs) and micro businesses in the UK shows over half are confused by...
AIR Worldwide Develops Probabilistic Model for Global Cyber Risks October 22, 2018 Catastrophe risk modeling firm AIR Worldwide announced it has developed a probabilistic model for cyber risk, which is capable of...
Generali Launches Cyber Insurance Function and Cyber Security Subsidiary October 9, 2018 Generali has launched a new Cyber Insurance function and the formation of a cyber security company. The Cyber Insurance function...
Chubb Partners with DynaRisk to Offer Cyber Loss Mitigation Service in UK, Ireland July 30, 2018 Chubb has partnered with cyber security company DynaRisk to offer a cyber loss mitigation service to Chubb’s Cyber Enterprise Risk...