Travelers cyber insurance 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 – the highest percentage since the annual survey began in …

Putting Municipal Ransomware Attacks— and Cyber Insurance —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. …

Travelers Comfortable with Its ‘Prudent’ Cyber Insurance Position

Travelers Cos. Inc. plans to stick to its recent growth pace for sales of cyber insurance, which protects businesses against hacking and other liabilities, despite potential to boost it, as the insurer assesses risks in the segment, its head of …