Cyber Security & Data Privacy
Articles
Deloitte: Overcoming challenges to cyber insurance growth
September 2020 featured report: Cyber insurance has been held up as an area of innovation and major growth, but the reality hasn’t lived up to the hype, says Overcoming ...
Hiscox: Cyber Readiness Report 2020
July 2020 featured report: Cyber risk is one of the biggest issues facing businesses these days. One finding of the 2020 Hiscox report into cyber risk readiness is that there has ...
McKinsey: Cybersecurity – Linchpin of the digital enterprise
Executive summary Two consistent and related themes in enterprise technology have emerged in recent years, both involving rapid and dramatic change. One is the rise of the ...
CISCO: The evolution of industrial cybersecurity and cyber risk
Article Synopsis : Businesses face increasing cybersecurity threats and breaches, but organisations have begun to realise that security must be part of the broader cyber risk ...
FMA: Strategic risk outlook 2019
Article Synopsis : New Zealand’s regulator, the Financial Markets Authority, has issued its strategic risk outlook for 2019. The report says that general insurance penetration ...
Capgemini: Reinventing cybersecurity with artificial intelligence
Article Synopsis : Artificial intelligence (AI) is being applied to all kinds of services and processes in order to improve productivity, sales or customer experience. An area of...
ORF: Towards a Cyber-Security Roadmap for Digital Payments- Best Practices and Recommendations
Article Synopsis : The Indian government’s desire to create a US $1-trillion digital economy by 2025 is going to take some doing. To be fair, India processed some 20.7 billion ...
Capgemini & Efma: World Insurance Report 2019
Article Synopsis : Policyholders are ever more concerned that their insurance cover isn’t enough to protect against emerging risks, such as those posed by cyber attack or ...
Cyber insurance for enterprises: Deloitte
Article Synopsis : The growing number of cyber attacks experienced against organisations has rendered cyber insurance an imperative, according to this Deloitte paper. Benefits ...
The state of insurance fraud technology: SAS
Article Synopsis : Tech budgets at insurers are on the rise, but suspected fraud has also increased for the third consecutive time in six years, says The State of Insurance Fraud...
Data privacy: Growing expectations – and risk – for financial institutions
Article Synopsis : Governments are talking tough on consumers’ data privacy and financial institutions (FIs) should not wait for the final regs to know how to behave but should...
Arceo.ai Launches to provide Insurance Carriers Cyber Resilience Solutions
Arceo.ai enables insurance carriers to automate and enhance their cyber insurance solutions, while simultaneously increasing the security of their enterprise clients through ...
Cyber Predictions in 2019
Article Synopsis : One of the biggest growth areas in the tech sector in 2018 was cyber. Not only security, but the number of attacks, including many high profile ones. 2018 was ...
Cybersecurity and Data Privacy 2019 OUTLOOK
Article Synopsis : Some of the biggest and most complex legal questions and business risks faced by multinationals in 2018 concerned cybersecurity and data privacy. That is not a...
Cyber security – Implications for the insurance industry
Hybrid Cyber Insurance ticks all the InsurTech boxes
Cyber crime is changing insurers’ approach to risk management The thing about cyber insurance is that it’s a new and totally unpredictable risk. And it’s a risk that cant...
Cyber insurance: An opportunity to lead in a growing market
Cyber attacks are on the rise. Hackers are increasingly looking to take advantage of security vulnerabilities to steal valuable customer data, including financial details and ...
XL Catlin and RedSeal Launch Cyber Insurance Industry’s First Dynamic Measure of Resilience to Gauge Risk, Improve Cybersecurity and Insu...
XL Catlin and RedSeal (network modeling and risk scoring platform) launched cyber insurance industry’s first dynamic measure of resilience which will help measure risk,...
Chubb Boosts Cyber Risk Underwriting with CyberCube Analytics Software
Chubb is partnering with a San-Francisco based cyber risk analytics vendor called CyberCube to boost its Cyber Risk Underwriting.
Cisco, Apple, Aon, Allianz introduce a first in cyber risk management
Allianz, Cisco, Apple and Aon have together launched a cyber risk management solution for organizations to better manage and protect themselves from cyber risk associated wit...
Cyber Risks That Hide In Plain Sight
Article Synopsis : Predictions for the aggregate global cost of cybercrime vary, but the numbers are huge. Correspondingly, the amounts companies are expected to spend to protect...
Cyber Risk Management – Response and Recovery
Article Synopsis : ‘Cyber Risk Management, Response and Recovery’ from Marsh & McLennan, in partnership with WomenCorporateDirectors (WCD), presents the most up-to-date ...
When the going gets tough, the tough get going.
Article Synopsis : Boards of Directors are increasingly requesting from senior management a coherent articulation of the institution’s cyber risk appetite linked to business ...
Large-Scale Cyber-Attacks on the Financial System
Article Synopsis : The complexity of the financial services industry, interconnectedness of individual players, and introduction of new and innovative technologies heighten the ...
Leveraging GDPR to Become a Trusted Data Steward
Article Synopsis : Data-driven transformation is hitting a previously hidden obstacle: a growing fear of data misuse. The EUs response to these concerns is embodied in the new ...
Taming Cyber
Article Synopsis : Identifying and quantifying Cyber risk is different from quantifying other “financial” risks. This report from Oliver Wyman shares new methods for ...
Fortifying Insurers Defences in Era of Cyberrisk – BCG Whitepaper
Article Synopsis : Managing cyberrisk is crucial for all large corporations worldwide, particularly so for insurers. Insurers must treat cyberrisk in much the same way that ...
Staying on the right side of consumer privacy line – KPMG Report
Article Synopsis : Companies know more about their customers than ever before. As digital technologies proliferate, the line dividing ‘my’ from ‘our’ data...
Cybersecurity in the Insurance Call Center: They Can’t Hack What You Don’t Hold
We all know that the U.S. has a number of different data privacy regulations, like HIPPA and the Social Security Number Protection Act. But, did you know that there is no ...
Cyber Insurance Recent Advances, Good Practices & Challenges-ENISA
Article Synopsis : Cyber insurance was created to address risks not reasonably mitigated by security measures. In comparison with other insurance sectors, cyber insurance appears...
Digi.me – Enabling users to share their own data with businesses
With the increasing proliferation of data generated from connected devices, several startups are scrambling to develop platforms that allow consumers to access, manage, and s...
Zuroovi – Cyber Insurance for small businesses
Zuroovi is one of the first platforms to focus on a relatively new niche within insurtech – cyber insurance. Specifically, Zuroovi enables small businesses to obtain cy...
Cyber Crime, Liability Insurance & Cyber Security-SnoopWall & Zon Re
Article Synopsis : According to the World Bank cyber crime will outpace drug crime reaching $600B in damages this year. Accordingly the Cyber Liability Insurance market is ...
Risk & opportunity in increasingly digital world – Tapestry Networks
Article Synopsis : While digital transformation is happening slower in the insurance sector than in others, the changes, as they come, are no less profound. Where boards used to ...
The Insurance Fraud Bureau adds Ecclesiastical to its gro...
The specialist insurer allows the IFB to make further inroads into the world of property and casualty fraud.
Aon launches digital cyber insurance for SME
By leveraging CoverWallet, the insurtech startup Aon acquired in January 2020, Aon is further expanding the solutions and services it provides to 30 million small and medium-siz...
SME specialist Ballantyne Brokers launches
Co-founder Ross Ballantyne says there is strong demand for a new broker in the market as "excessive market consolidation" leads to clients becoming
Geo Underwriting moves into the captive market with lates...
The purchase of Robus by the Ardonagh-owned MGA has been hailed as a “powerful addition” by Geo CEO Derek Coles.
Opinion: Zurich’s John Keppel on employee tech trai...
Why investing in employee tech training is essential: Insurers and brokers should re-skill employees to stay relevant, says Zurich’s John Keppel
Shift Technology Analyzes Fraud, Waste, and Abuse Trends ...
What insurers want brokers to stop doing
Brokers who take a broad, scattershot approach to getting submissions approved by underwriters are only setting themselves — and their clients — up for failure and disappointmen...
Axa well positioned for post Covid-19 growth claims Buber...
The Group CEO confirms to investors a continued focus on healthcare and protection as underwriting discipline is enforced in Axa XL.
What is Cyber Insurance, and Does My Startup Need It?
For instance, a recent study found that the average cost of a cyber liability policy
was $1,500 per year for $1 million in coverage, with a $10,000 deductible. But
this ...
Mental health awareness grows in broker community
But Ecclesiastical's 2020 Broker Wellbeing Survey shows that 46% of brokers are still suffering from work-related stress.
Next-Generation Technology Creates Watershed Moment for &...
Nov 27, 2020 | Posted by Insurance-Canada.ca. World Economic Forum Future
Series report: Cybersecurity, Emerging technology and Systemic Risk. The future
of the cybersecurity ...
News analysis: Never the same again?
The pandemic has changed the way business is conducted across the globe, and with a hardening market and uncertainty caused by Brexit, Insurance Age looks at
Two options for cyber insurers dealing with huge loss ratios
Insurers will be forced to make tough decisions about how they offer cyber coverage, thanks to claims going through the roof this year and losses piling up across the board, a c...
New cybersecurity risks “not a simple continuation ...
New cybersecurity risks "not a simple continuation of current challenges" – WEF
... Oxford researchers concluded in the report that emerging cybersecurity risks ...
the cyber ...
Rise of Cybersecurity Insurance – The Value and Limits
With technological advancements, there has been a rise in cybercrimes, and
cybersecurity insurance is no longer a luxury. Cyber-attacks cost organizations ...
3 Ways To Protect Your Business From Growing Cybersecurit...
Get Cyber-Security Insurance. Since cybercriminals are always looking for ways
to find more advanced methods of breaching a company's security defenses, it's
a ...
As threats grow, cyber insurance seen as more of a necess...
Businesses are treating cyber liability insurance as less of a luxury and more of a
necessity as customers are drawn into the market.
Risk management key to navigating pandemic, KPMG finds
Top digital security worries when it comes to remote empl...
Top digital security worries when it comes to remote employees. 26% of remote
workers have experienced a ... Cyber insurance claims on the rise · connection ...
The missing piece Canada’s newest engineering player sees...
There’s a need for experts capable to handle complex and large loss investigations and provide unbiased views, says the Canadian head of global forensic engineering firm Haag, w...
Essential Cybersecurity Questions Every Business Should A...
Do I have cyber liability insurance to back me up? Sometimes, even the most
sophisticated cybersecurity tools and vendors cannot protect you from data
breaches.
Industry needs to contain cyber and intangible risks: Pro...
Within both the market and contracts the exclusion of communicable diseases is unsurprisingly a key focus, but there are other, similarly difficult to
People Moves: 23 – 27 November 2020
Keep up-to-date with the latest market moves.
XBRL News for investors, Australia, and data quality R...
Here is our pick of the 3 most important XBRL news stories this week. 1 Investor Forum 2020: Ready for anything Periods of crisis demand access to high quality, consistent, tim...
Partners& teams up with CFC and CPP to launch new cy...
Partners& has launched a cyber risk management offering in collaboration with a trio of sector specialists CFC underwriting, CPP Group and Mitigate Cyber.
Chubb’s data sees professional services overtake healthca...
Professional services has overtaken the healthcare sector as the most at risk of cyber insurance claims in North America, according to new data from Chubb. It shows that profess...
Go Compare owner sold for almost £600m
GoCo has been bought four years after its Esure de-merger.
Chubb Index Highlights Importance of Professional Service...
Businesses can take extra steps to protect their remote workforce against cyber threats WHITEHOUSE STATION, N.J., Nov. 24, 2020 /PRNewswire/ -- In the latest edition of the Chub...
JM Glendinning hits acquisition trail after MBO
Group CEO Nick Houghton discusses how the deal with Synova Capital came about and reveals ambition to grow JMG's GWP from £45m to £200m in the next five years.
Howden snaps up cyber specialist
The broker has bought Lloyd’s coverholder Safeonline.
What does the Covid-19 vaccine announcement … ̵...
What does the Covid-19 vaccine announcement mean for the global economy.
Jérôme Haegeli, Group Chief Economist at the Swiss Re Institute explores the ...
Cyber Resiliency & Technology Mindfulness~are YOU pr...
Cyber resilience & technology mindfulness is more important than ever. ... Posted
by BlackFire Cyber Insurance on November 22, 2020 cyber resiliency ... Have
strong security m...
Taming the uncertainty of ransomware risk
It’s easy to find ourselves doing much but achieving little when it comes to cyber perils. In this white paper, Guidewire Cyence advances both a new mindset and a practical mean...
Aston Lark eyes £500m GWP
The business struck a number of deals, with more in the pipeline, which have taken the broker to half a billion of gross written premium.
Cyber Security Stakeholders: Who is responsible for Cyber...
Insurance Market Cyber Solutions. Various experts within the professional and
cyber security space lead this insightful panel discussion, including: Kristine ...
Cyber Risk Management
The Cyber COPE® Insurance Certification® (CCIC) is an intensive eight-month
program ... Gain an understanding of industry best practices in cyber security risk
...
Top 3 African Countries Hit by Mobile Fraud – REGTE...
By Regtech Africa 11 mins ago 8 views. 0. virtual card blog ... Cyber insurance
grows in popularity as ransomware attacks become more frequent. By Regtech ...
Canada’s cybersecurity agency warns of online threats tha...
OTTAWA – A federal agency that monitors brewing online threats warns of fraudsters dangling COVID-19-related content to fool victims into clicking on malicious links and attachm...
Society of Insurance Broking warns of a “perfect st...
The professional body says communication will be key to help brokers through the pandemic and hardening market.
Risk convergence: How insurers can seize the initiative o...
The Covid-19 pandemic is reshaping the operational risk landscape and leaving insurance companies exposed to new challenges. In this webinar, an expert panel discuss how insurer...
Aon and HSCM partner to launch $70m catastrophic cyber pr...
Aon has tied-up with HSCM to roll out new product designed to protect re/insurers against systemic and catastrophic cyber events.
Insurer QC accuses FCA of “hair splitting wordsmith...
Insurers and the regulator set out their starkly differing views on the use of trends clauses on day two of the ongoing business interruption test case hearing
Blog: Change the front page
Biba’s Steve White considers the impact of recent headlines that don’t reflect the real truth about insurance.
Catlin’s Convex adds $1bn to coffers
The move means the insurer has raised $2.7bn in the past 18 months.
British Insurance Awards 2020: The winners – Insura...
Usually a lavish affair in the Royal Albert Hall with the insurance A-listers dressed to the nines in their finery and quaffing champagne mid-July, this year
RSA suitors agree cash offer
RSA board says it will recommend the £7.2bn deal to shareholders as Intact and Tryg take next step to buy and split the insurer.
Coalition Partners with Malwarebytes to Protect Customers...
Coalition is the leading provider of cyber insurance and security, combining
comprehensive insurance and proactive cybersecurity tools to help businesses ...
Brokers to blame for lack of pandemic focus in FTSE 100 b...
The firm's chief executive believes organisations have been 'wasting their money' on broker advice if pandemic risks have not been mentioned
Artificial Intelligence(AI) and Machine Learning(ML) help...
As cyber security becomes even more crucial amidst Covid19 pandemic, AI and
machine learning backed solutions are helping several insurance companies ...
Cowbell Cyber Partners with Mylo to Expedite Insurance Di...
Cowbell Cyber, the industry's first AI-powered cyber insurance provider for small
to mid-sized businesses (SMBs), today announced it has partnered with Mylo ...
Events
Join the upcoming events
Events
Join the upcoming events
Events
Join the upcoming events
Events
Join the upcoming events
Events
Join the upcoming events
