Cybersecurity

Ransomware claims increased 38% between Q4 2022-Q1 2023, according to Aon.

While insurers should be open to utilizing new technology, they should also be cognizant of the unexpected exposures it can create for customers and their businesses.

A new court ruling could affect cyber insurance policy exclusions and insureds could assume more costs in the event of a loss. The ruling underscores the fact that cyber insurance is no substitute for cyber defense.

These stealthy, sophisticated security gaps can have devastating consequences for insurers, vendors, partners and policyholders.

The best threat intelligence lets organizations improve their risk profile, thwart cyberattacks and avoid losses.

Audits can help companies identify weaknesses and make a company more resilient in the event of a cyberattack.

Tracey Santor of Travelers, details some of the activities hidden within social engineering attacks.

Carriers need cybersecurity services firms for active engagement and collaboration to develop and support a dynamic product.