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With ‘Anonymous’ hackers and negligent mistakes affecting even the biggest business entities, the importance of cyber liability insurance is increasingly becoming apparent. PC360 spoke with Michael Palotay, senior vice president of underwriting at NAS Insurance Services, about important trends in cyber liability insurance and what to look out for when assessing a company’s risk.
Cyber security breaches, whether the result of cyber attack, internal or third-party data center error or simple carelessness, have never only been a problem or concern for the largest financial institutions or Fortune 500-sized companies with massive IT infrastructures.
Your core clients—small to midsized businesses—comprised 31 percent of cyber attacks last year. Learn four quick tips to getting them the protection they need.
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American International Group Inc. lifted limits on property claims tied to acts of terrorism to $1 billion as clients ask for more protection in larger cities.
A tractor trailer full of beer drove itself down Colorado's I-25 last week with nobody behind the wheel.