All cyber insurance articles – Page 3
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Analysis
Smaller firms are becoming bigger targets for cyber criminals – Coalition
The cyber insurer’s head of claims says ’small businesses are especially vulnerable because they often lack resources’
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Analysis
Amrae welcomes proposals to resolve cyber capacity crunch
Risk association welcomes “major milestone for the cyber resilience of the economy” and calls for rapid action
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Analysis
Cyber: Hitting pause
At below $10 billion, why has the cyber re/insurance market failed to live up to its potential?
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Analysis
Cyber rate rises of 300% ‘not uncommon’ - Miller
Despite ‘no material change in exposure’, insurers are upping premiums by 100% on average and reducing capacity
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Opinion
Reputation in an era of state-sponsored attacks
Managing the reputational fallout from being the subject of a cyber attack is an aspect that is often overlooked
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Analysis
CISOs face burnout as ransomware threat continues
A third of organisations experience a ransomware attack at least once a week, with impacts on security professionals’ wellbeing
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Analysis
Ukraine fall-out and new ransomware tactics elevate cyber risks
The maritime sector and satellite infrastructure are sectors most likely to be targeted by cyber criminals
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Analysis
Cyber: Banning ransoms is a ‘blunt policy instrument’
A ban could encourage ransomware attackers to engage in new, more malicious forms of extortion, warns Geneva Convention
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Analysis
Insurers must deploy capital ‘confidently’ to tackle cyber crunch
Demand for cyber insurance has increased - but so has the price
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Analysis
Cyber extortion grows in sophistication, warns Beazley
Data exfiltration is now prevalent in a significant majority of incidents as extortion techniques become increasingly complex
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Analysis
FERMA calls for EU-level cyber resilience push
Paper draws attention to the ‘cyber insurance gap’ and ongoing treatment of captives under Solvency II
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Analysis
Amrae: Cyber remains a volatile class of insurance
Renewal negotiations should be less tense in 2022 with cyber underwriters seeing fewer claims and a return to profitability
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Analysis
Cyber correction creates a ‘more sustainable’ market – BrokerFest 2022
The importance of cyber essentials and protecting your supply chain has never been more apparent, say experts
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Analysis
Cyber war exclusions boost likelihood of claims litigation
A lack of standard, battle-tested definitions in cyber policies makes litigation more likely amid the conflict in Ukraine, warns Moody’s
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Analysis
Unpicking the motivations of criminal cyber threat actors
State-sponsored actors are among the most significant and concerning to potential victims of cyber crime
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Analysis
Ukraine war and cyber resilience temper ransomware
Companies’ risk management investments appear to be paying off with ransomware frequency data showing notable moderation
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Analysis
CyberCube launches cyber incident response service
Through partnership with Kroll it will offer guidance on major cyber aggregation events
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Analysis
UK cyber rates increased by more than 30% in Q1 – Aon
Underwriting cyber risks remains ‘time consuming and demanding’, according to the broker
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Analysis
Firms fear cyber attack insolvency
Threat of insolvency is a real threat given increased frequency and severity of attacks
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Analysis
Remembering WannaCry, five years on
The attack highlighted the potential systemic impact of ransomware and indiscriminate nature
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