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Cyber insurance benefits become increasingly clear to businesses

A recent RIMS survey revealed that companies are purchasing this coverage at a growing rate. The RIMS Cyber Survey 2015 has been released and what…

cyber insurance market

Cyber insurance covers only 2 percent of large U.K. businesses

A recent report issued by the British government showed that big firms rarely purchase this coverage. The British government released a report, this week, that…

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Senate places a focus on cyber insurance coverage against data breach

A subcommittee is currently looking into the protection that is required for consumers through those policies. U.S. Senator Jerry Moran (R-Kansas), the chair of the…

Cyber Insurance industry popularity

Spending on cyber insurance skyrockets as high profile cases rise

The size of the problem associated with cyber attacks is becoming clearer as data breaches make more frequent headlines. The number of large companies and…

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Cyber insurance is spiking in popularity among SMBs

Smaller and medium sized businesses are discovering that data breach liability protection is vital. According to recent data that has been released by the Center…

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Cyber crime insurance launched by former US homeland security chief

The coverage is the result of a collaboration among syndicates operating through the Lloyd’s of London market. A new cyber crime insurance product has now…

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Cyber insurance industry is hunting for expertise

As the demand for this risk coverage skyrockets, insurers are looking for experience and skills in handling the problem. While insurers are watching the tiny…