Cyber Insurance policies commissioners industry

Cyber insurance policies will likely achieve a standard in the near future

A CIFF speaker described the evolution of the market and the direction data breach coverage is taking. Despite the growing popularity of cyber insurance policies,…

business cyber insurance

Kidnap insurance protects companies in the case of ransomware

Businesses that have not purchased cyber insurance policies are looking to alternative coverage for WannaCry losses. Companies without cyber insurance are reportedly making claims through…

cyber insurance market

Cyber insurance market growth is fast and healthy, says Swiss Re

As worries over the impact of a hack, data breach or other similar risks, firms are insuring themselves. Swiss Re released a statement describing considerable…

cyber insurance policies coverage fraud

Cyber insurance policies carried by a falling number of companies

PricewaterhouseCoopers has recorded a sharp drop in the number of firms with coverage in the last year. According to a recent PricewaterhouseCoopers survey, the number…

cyber insurance confusion computer

Cyber insurance confusion causes gaps in coverage

This sector of the insurance industry is doing great business but policyholders may not know what they need. Businesses are very aware that they need…

cyber insurance confusion computer

Cyber insurance is catching the attention of the federal government

Subcommittee aims to address issues facing the cyber protection space Cyber security is beginning to gain the attention of the U.S. federal government. The House…

auto insurance losses power grid electricity blackout electric car

American utilities are looking into cyber insurance following Ukraine grid attacks

Following the December 23 attack on the Ukrainian grid, the U.S. is taking a closer look at protection. American utilities are currently looking into the…