Dan Burke, Bridget Quinn Choi, Esq. Cyber risk has grown demonstrably in frequency and severity in the past 10 years—and, in tandem, the cyber insurance policy has grown in breadth and complexity.
Is cyber liability insurance worth it? Small businesses are often easy targets for malware, ransomware attacks, data breaches and other cyber attacks. For many, these incidents can be a serious threat ...
April 11, 2024 - David Ledet and Evan Knott of Reed Smith LLP discuss cyber insurance coverage in light of one of the newest and most sophisticated cyber risks called deepfakes. Cyber risk management ...
It’s no secret that the overwhelming majority of cyber insurance policies underwritten today are for commercial lines. But as the song goes, “The times they are a-changin’.” Several trends are on ...
Walt Powell is the lead field CISO at CDW, specializing in providing executive guidance related to risk, governance, compliance and IT security strategies. Despite improving their resilience to ...
As a business owner, you may need various types of insurance to limit financial losses for your company. If you store or process any sensitive customer information, such as their names, addresses or ...
As ransomware attacks, phishing schemes, data breaches and AI-powered cyber threats continue to rise, companies of all sizes are increasingly purchasing specialized insurance policies designed to ...
The cyber-insurance market continues to generate profits for underwriters, but competition in the market and softening demand has led to a decline in the total revenue from premiums for the third ...
NEW YORK, July 16, 2024 /PRNewswire/ --Today QBE Insurance, a global insurer operating in 27 countries, unveiled QCyberProtect, a comprehensive and globally consistent cyber policy designed to enhance ...
Large companies are no strangers to cyber insurance policies. In fact, 93% of companies with more than $1 billion in annual revenue have some form of cyber coverage. On the other hand, small and ...
"The gap between what businesses hold and what they risk has widened by $59,000 in one year," said Mark Fitzpatrick, licensed insurance expert at MoneyGeek. "Without insurance, a single bad day isn't ...
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