It’s no secret that the need for cyber insurance is growing. Almost weekly, we see big companies hacked by cyber criminals and the exposure of sensitive data alerting customers and consumers that ...
A wave of cyberattacks carried out by fraudulent employees, rather than external hackers, is forcing insurers to confront a ...
Walt Powell is the lead field CISO at CDW, specializing in providing executive guidance related to risk, governance, compliance and IT security strategies. Despite improving their resilience to ...
Cybersecurity is a critical priority for organizations of all types and sizes, from small businesses to large corporations. Cyber threats and attacks are on the rise. Between 2021 and 2023, there was ...
It’s no secret that the overwhelming majority of cyber insurance policies underwritten today are for commercial lines. But as the song goes, “The times they are a-changin’.” Several trends are on ...
The global cybersecurity insurance market is about to explode. A new forecast predicts it will more than double by 2030 — jumping from roughly $16.5 billion today to $32 billion in just five years.
Is cyber liability insurance worth it? Small businesses are often easy targets for malware, ransomware attacks, data breaches and other cyber attacks. For many, these incidents can be a serious threat ...
Managing general agents (MGAs) underwrite and administer insurance policies on behalf of insurance companies. Just as a broker serves as an intermediary between the buyer and the insurer, the MGA acts ...
A mid-market business owner forwards the cyber insurance renewal to their IT manager and asks how long it will take to fill ...
State governments manage enormous volumes of sensitive information every day, from tax records and health data to the systems that keep essential public services running. When this information is ...
Warren Buffett and Berkshire Hathaway's top insurance executive Ajit Jain recently warned of the potential for "huge losses" in cybersecurity insurance in annual meeting comments. Buffett expressed ...
Cyber insurance protects enterprises from most cyberattack liabilities. But before committing to a policy, CISOs need to check for the following hidden loopholes. Facing ever-mounting cyberthreats, ...