All the headlines from our Cyber Topic Page, ordered by recency.
May 21 2018 // The U.S. market for cyber insurance grew significantly in 2017, as direct premiums written rose nearly 32 percent year over year to $1.8 billion, and policies in force jumped 24 percent to 2.6 million, according to an A.M....
May 21 2018 // Cyber insurance coverage continues to be one of the fastest growing segments and represents a significant growth opportunity for U.S. property/casualty insurers, according to Fitch Ratings in a new report.The market has...
May 21 2018 // A retail store’s ability to authenticate customers by scanning their unique ear or retinal patterns may seem like something out of a sci-fi movie, but this type of identification technology isn’t...
May 21 2018 // Emerging technologies continue to rapidly change the way businesses operate and interact with customers, yet risk management processes are not keeping pace with the associated risks, according to a report published in...
May 21 2018 // Insurers in the cyber insurance segment have enjoyed exponential growth in the market over the last 10 years, and that is expected to continue as the world becomes even more connected via the internet. But while the growth...
May 21 2018 // Georgia’s governor has vetoed a bill that would have criminalized unauthorized computer access after receiving blowback from the state’s booming cybersecurity industry.The bill, vetoed by Republican Gov. Nathan...
May 17 2018 // Officials in Goodyear, Ariz. say the city’s online payment system is functioning again after a cybersecurity attack affected the software.The city became aware of the situation on its online payment system May 7 and...
May 16 2018 // The civil fines for non-compliance with the European’s new data privacy law can be steep but organizations across Europe should not expect to have their insurance cover them.Unless the business or organization is in...
May 16 2018 // The risk of cyber attack, once overhyped, now threatens businesses’ very existence. Its severity varies significantly with geography: For example, inherent cyber risk has climbed in France over the past year while...
May 15 2018 // Malley’s Chocolates is warning 3,400 online customers that their credit or debit card information might have been compromised by a computer hacker in March, during the Ohio candy company’s busy weeks before...
May 15 2018 // The majority of UK brokers see cyber as an important and growing market yet nearly one-third admit to a “poor” or “very poor” understanding of cyber risks and cyber insurance, according to research...
May 14 2018 // San Francisco, Calif.-based Woodruff Sawyer has named Dan Burke vice president and cyber specialist. He will expand Woodruff Sawyer’s cyber liability resources for clients to include new partnerships with cyber...
May 11 2018 // A retail store’s ability to authenticate customers by scanning their unique ear or retinal patterns may seem like something out of a sci-fi movie, but this type of identification technology isn’t...
May 10 2018 // Cyber insurance coverage continues to be one of the fastest growing segments and represents a significant growth opportunity for U.S. property/casualty insurers, according to Fitch Ratings in a new report.The market has...
May 10 2018 // Georgia’s governor has vetoed a bill that would have criminalized unauthorized computer access after receiving blowback from the state’s booming cybersecurity industry.The bill, vetoed by Republican Gov. Nathan...
May 9 2018 // California-based At-Bay, a digital cyber risk monitoring and insurance firm, reports it raised $13 million in Series A funding, bringing the start-up’s total funding to $19 million.At-Bay is developing what it calls...
May 7 2018 // Warren Buffett said he doesn’t want Berkshire Hathaway Inc. being a leader on cyber insurance because neither he nor others in the industry really know the risk.“I don’t think we or anybody else really...
May 7 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the...
May 7 2018 // Carriers say that cyber insurance is quite profitable for them at the moment, and a majority are also using reinsurance to manage their exposures, PwC found in a global survey of specialist writers.The consulting...
May 7 2018 // Congress is headed for a “major showdown” over the flood insurance program, according to an insurance broker lobbyist who notes that the program expires July 31, right in the middle of hurricane season.That...