The article summarizes the key cyber coverage decisions of 2022—and from a policyholder's viewpoint, the good, the bad, and the in-between. To borrow a term from the 2020 lexicon, 2022 was an ...
Cyber insurance premiums may have retreated from the heights of 2020–2022, but the pressure from rising claims hasn’t gone ...
SAN FRANCISCO--(BUSINESS WIRE)--Today Embroker, the digital platform making it radically simple to get business insurance, released a new report, the Cyber Risk Index: Startup Edition, based on a ...
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 ...
Cyberattacks on corporate networks are on the rise, and the ramifications from such an attack can be financially devastating. Recent benchmarking data shows that the number of material cyber breaches ...
A flood or fire might have devastated a business in the mid-1990s when offices were filled with filing cabinets and paper records. Today, most of those assets are in the cloud, and business insurance ...
SAN FRANCISCO--(BUSINESS WIRE)--Founders are discussing cyber insurance more than ever, with 83% talking to their investors and boards about cyber protection often or always — a 42% increase year-over ...
In recent years, especially through 2019 and 2020, the cyber insurance market in the U.S. has seen significant growth. Middle-market companies have been actively requesting cyber insurance policies ...
While many enterprises have some form of cyber insurance coverage, only 26% have a standalone policy that specifically addresses cyber risk. Cyber insurance — like other forms of insurance – is a ...
When even the best-laid cybersecurity plans fail, cyber insurance can help mitigate an organization’s exposure to financial and operational risk—but the insurance landscape is shifting with the times.
(TNS) — Edwardsville officials are taking steps to prevent the city from becoming a victim of a ransomware attack. Finance Director Jeanne Wojcieszak and Information Technology Director Devin Gray ...
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