NOT FOR REPRINT
Page Printed from: propertycasualty360.com/search/?Submit=Search&page=6&publication=PropertyCasualty360&q=cyber-insurance
Sign In To follow
1126 results for cyber-insurance
Filter this View
Start Date:
End Date:
From 2015-2020 the surplus line sector held a relatively steady 25% market share. It is now over 60%.
Small and midsize companies remain especially vulnerable to state-sponsored cyberattacks, GlobalData says.
Insurers that suffer a cyberattack could encounter financial losses, business disruptions and reputational damage, the same losses their policyholders would experience.
The commercial insurance blog Embroker aptly points out that "not all top startups have a Bay Area budget."
The threat landscape continues to change as bad actors refine their cybercrime tactics and expand their attack options.
Small business employees experience 350% more social engineering attacks than those at larger enterprises, according to StrongDM.
While Japan has its own particular problems with hackers, many of its vulnerabilities are shared by the U.S.
Also on the rise: Triple extortion schemes in which cyber criminals exploit multiple ransoms from a single target.
Just days after SVB's collapse, quotes generated on Embroker's platform for D&O policies with $3 million limits more than doubled.
Consistent training presented in a variety of formats creates an effective strategy for managing cyber risks.