Cybersecurity

With the frequency and sophistication of cyber attacks on the rise, risk managers are losing sleep over whether they definitely have coverage.

The WannaCry attack is evidence of a meaningful evolution in ransomware, which has strategic implications on cyber attack patterns, insurance coverages and aggregation risk.

The recent rise in ransomware attacks appears to be a mixed blessing for the insurance industry, according to Aon Benfield's recent 'Cyber Update.'

Insurers are grappling with what kind of insurance will be required for self-driving cars.

The recent rise in ransomware attacks appears to be a mixed blessing for the insurance industry, according to Aon Benfield's recent 'Cyber Update.'

Target agreed to pay $18.5 million to settle investigations by dozens of states over a 2013 hack of its database in which the personal information of millions of customers was stolen.

Ransomware and other evolving threats will increase in frequency and sophistication. Firms need a comprehensive cyber risk management strategy.

Because social engineering is an evolving risk, conduct insurance policy reviews often to ensure that business clients are adequately protected should they fall victim to social engineering fraud.