cyber risk mitigation News

Despite Mitigation Efforts, Cyber Attacks and Rate Hikes to Continue in 2022

As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a nuisance in 2022, according to an expert from Fitch Ratings. “It is probably one of the bigger …

7 Major Cyber Insurers Form Company to Coordinate Cyber Analysis, Risk Mitigation

With cyber attacks and insurance claims on the rise, leading cyber insurers AIG, AXIS, Beazley, Chubb, The Hartford, Liberty Mutual Insurance and Travelers have formed a company to pool their data and expertise and take collective efforts to enhance cyber …

Swiss Re Corporate Solutions Launches ‘CyberSolutions Germany’

Swiss Re Corporate Solutions has expanded its cyber offering with the launch of CyberSolutions Germany, a new, market-specific primary insurance product. This advanced cyber risk protection solution provides tailored coverage for mid-sized and large companies, enabling them to defend themselves …

Zurich Offers Post Cyber Attack Response Service in APAC

Zurich Insurance has launched DigitalResolve, a coordinated incident response service to help businesses in Asia Pacific (APAC) mitigate and recover from cyber attacks. Offered through Zurich’s partner Crawford & Co., DigitalResolve helps organizations coordinate and manage resources so they can …

Consolidated Agency Partners, iPrevision to Offer Cyber Risk Management Services

Consolidated Agency Partners, Inc. (CAP), a preferred carrier market access firm, and iPrevision, have formed a strategic alliance to enhance the cyber and data liability coverage needs of their members and clients. iPrevision specializes in educating and training agency managers …