All the headlines from our Cyber Topic Page, ordered by recency.
Oct 13 2015 // Joe Public has joined U.S. business owners in worrying about cyber risk more and more.Cyber-related concerns grew by more than 20 percentage points among consumers from last year, moving from the fifth-ranked to the...
Oct 12 2015 // Times are good for surplus lines professionals.The surplus lines industry reached new heights in 2014, growing direct premium written (DPW) in 2014 to $40.2 billion – the highest point in history, reports A.M....
Oct 9 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has launched two policies providing cyber liability and breach response coverage with risk management resources, the Professional First Network Security & Privacy Policy...
Oct 8 2015 // Cyber and IT-related risks top the list of what keeps CEOs and risk managers awake at night, according to the 2015 International Business Resiliency Survey, conducted by Marsh and Disaster Recovery Institute International...
Oct 5 2015 // New claims costs data reveal a wide discrepancy on costs associated with cyber losses.More than $75.5 million has been spent on cyber claims losses as reported in the latest cyber claims study published by NetDiligence, a...
Oct 5 2015 // The cyber risk insurance market is experiencing rapid development, with the size of global gross written premiums growing from US$850 million in 2012 to an estimated US$2.5 billion in 2014, according to a new report by...
Oct 5 2015 // In a risk-filled world, what are the worrisome problems keeping business leaders up at night? To get the answer to this question, The Graham Co. conducted a national survey of 300 senior business leaders to find out...
Oct 5 2015 // In justifying a reluctance to purchase cyber insurance coverage for data breaches, many retailers insist they don’t store credit card information after a sale. But experts say the headline-generating data breaches at...
Oct 2 2015 // Consolidated Agency Partners, Inc. (CAP), a preferred carrier market access firm, and iPrevision, have formed a strategic alliance to enhance the cyber and data liability coverage needs of their members and...
Oct 2 2015 // Small and medium-sized enterprises (SMEs) around the world are increasingly concerned about the impact of competition on margins and lack of consumer demand, according to Zurich Insurance Group’s third annual global...
Oct 1 2015 // In justifying a reluctance to purchase cyber insurance coverage for data breaches, many retailers insist they don’t store credit card information after a sale. But experts say the headline-generating data breaches at...
Sep 30 2015 // ACE Group has launched a new coverage component for the ACE Express package policy specifically designed to protect private and not-for-profit organizations. The updated package policy enables insureds to purchase privacy...
Sep 29 2015 // NAS Insurance has launched “NAS CyberNET Support,” a customer support product which includes 24/7 phone support and a range of cyber risk management resources. NAS CyberNET Support is a full suite of...
Sep 29 2015 // Airbus Group SE’s Defence and Space will team with digital services provider Atos SE to develop products designed to counteract cyber attacks on companies and their supply chains.The partnership will address...
Sep 28 2015 // The U.S. and China announced agreement on broad anti-hacking principles aimed at stopping the theft of corporate trade secrets though President Barack Obama pointedly said he has not ruled out invoking sanctions for...
Sep 27 2015 // Naperville, Ill., city officials have spent about $760,000 on rebuilding its online network three years after a cyberattack wreaked havoc.City officials tell the Chicago Tribune insurance covered about 25 percent of the...
Sep 25 2015 // ACE Group has launched ACE’s Global Cyber Facility to offer cyber security insurance protection for large corporations.ACE’s Global Cyber Facility provides up to $100 million of primary capacity and...
Sep 24 2015 // Lockton Cos. has named Jeff Schermerhorn vice president in its cyber technology practice.Schermerhorn will be based in Lockton’s Los Angeles office. He will offer clients tailored programs to shelter them from the...
Sep 23 2015 // Chinese President Xi Jinping opened his U.S. visit by seeking to ease concerns on almost every dispute between the two powers, even expressing readiness to cut a deal on one of the thorniest issues, cybersecurity.In a...
Sep 21 2015 // Beazley has joined forces with Lloyd’s syndicates managed by Aspen and Brit Global Specialty to launch the International Cyber Consortium.The consortium will focus on providing robust data breach cover to businesses...