Tim Francis News

1 in 4 Businesses Has Experienced Cyber Event, Travelers Survey Finds

Nearly one in four respondents (22%) out of more than 1,200 business leaders surveyed in 2020 Travelers’ Cyber Risk Index said their firm was the victim of a cyber event โ€“ the highest percentage since the annual survey began in …

Putting Municipal Ransomware Attacksโ€” and Cyber Insurance โ€”in Context

The ransomware attacks on public entities in Texas, Florida, Maryland, Georgia and elsewhere this year have raised questions not only about paying ransoms but also about the role of insurance in helping these targets get back to serving the public. …

Cyber Risk Is Putting Pressure on Property Insurance Underwriters

Property underwriters are feeling the pressure as cyber has become an increasing source of risk within the property insurance industry, according to panelists at Advisen’s 2017 Cyber Risk Insights Conference, held last week in New York City. “I think ‘under …