Cybersecurity

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.