Discover how cyber insurance safeguards your business against cyberattacks by covering data loss recovery, legal expenses, and more. Get clear insights on coverage.
Cyber insurance is still young compared with other lines of coverage, but it is evolving quickly. The organizations that will ...
The early assumption that cyber cover belonged mainly with banks and online retailers has collapsed as point-of-sale ...
Businesses face serious risk of liability arising from cybersecurity and privacy breach and use of artificial intelligence. Just like we would not (or should not) drive a car without auto insurance, ...
Local governments looking for cyber insurance are facing a changing market, and by some accounts, cyber insurers today charge more, while covering less. Cyber insurers had initially based premium ...
Keeping up with the latest security threats can be a full-time job. Bad actors constantly find new ways to infiltrate company servers, databases and websites. The result is lost data, locked systems ...
Cyber-attacks are a silent yet pervasive threat in the 4th and now 5th industrial revolutions. According to Forbes, 53% of businesses suffered at least one cyber-attack in 2023. Statista's ...
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 ...
Cybercrime is rising and will not quiet down, considering technology invades every sphere of life. Your smartphone, gaming consoles, smart home devices, and laptop are susceptible to cyber threats.
Offsetting business risk with insurance is not new. Early mariners transporting their goods around the world hundreds of years ago faced significant risk of damage, theft and threat to life. Lloyd’s, ...
Managing general agents (MGAs) underwrite and administer insurance policies on behalf of insurance companies. Just as a broker serves as an intermediary between the buyer and the insurer, the MGA acts ...
Cyber insurance is having growing pains. Insurance provider Munich Re reported last year that the value of the global cyber ...