CYBER – Page 9
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AnalysisInsurers must deploy capital ‘confidently’ to solve cyber cover supply and demand imbalance
Demand for cyber insurance has increased - but so has the price
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NewsOnly 26% of small businesses see cyber security as a ‘top priority’ – Direct Line
’It’s important that employees are trained to identify potential points of vulnerability,’ says product manager
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NewsBeazley warns of ‘increasingly complex’ cyber risks
It is essential that organisations understand cyber threats and resulting vulnerabilities, says global head of cyber services
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NewsEmerging BazarCall ransomware targeting small businesses, CFC warns
Most workplaces do not educate staff about social engineering attacks, says cyber threat analysis team leader
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NewsRising cost of living provides ‘opportunity’ for industry to tailor products – Guidewire Software
Ever increasing inflation is causing consumers to choose between putting food on the table or buying insurance - however, the industry is in a key position to adapt products to suit changing demands
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NewsMGA Coalition strikes long-term capacity deal with Allianz
Too many organisations ’simply aren’t prepared’ for cyber risks, says Coalition’s head of insurance
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NewsIndustry opportunities arise from growing state sponsored cyber attacks – Lloyd’s of London
The insurance industry has an opportunity to develop ’affirmative physical damage offerings’
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NewsCyber insurance cost rises represent a correction towards ‘more sustainable premiums’ – BrokerFest 2022
The importance of cyber essentials and protecting your supply chain has never been more apparent, say expert panel
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NewsPreventative measures key in facing Russia-Ukraine cyber threats – BrokerFest2022
An expert panel at BrokerFest2022 last week discussed why prevention is key in uncertain times
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NewsCyber cover could become unaffordable for UK SMEs as threats and cost of living soars – GlobalData
The Russia-Ukraine war has heightened cyber risks to all businesses, with ever evolving risk in cyber the data and analytics firm stress that innovation is vital to remain abreast
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AnalysisBriefing: Insurers are facing a growing confidence crisis
Feedback from Airmic’s annual conference this month indicates that risk managers feel the insurance sector is out of touch with their risk agendas
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NewsRussia-Ukraine conflict triggers cyber risk shift – Airmic 2022
Russian hacker groups rebranding is among the changes that have occurred in 2022
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NewsData breach and ransomware the main drivers for UK 2021 cyber claims – Marsh
The health care sector was the hardest hit
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NewsRussian cyber attacks on Ukraine could extend to West, warns CyberCube
The software firm’s head of cyber intelligence services says ’a greater understanding’ will help the insurance sector prepare
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NewsCyber insurance cost has more than doubled year-on-year – Howden
Pricing for cyber insurance is approaching the ‘limits of economic viability for some’, says executive director
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NewsC-suite confidence in managing cyber risk has dropped – Marsh
Despite the drop, more organisations are using quantitative methods to measure their cyber risk exposure
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NewsUK cyber rates increased by more than 30% in 2022’s Q1 – Aon
Underwriting cyber risks remains ‘time consuming and demanding’, according to the broker
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NewsRegulation becoming ‘almost inevitable’ as cyber threats increase
The cyber threat environment is ’incredibly volatile’, adds chief executive
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NewsRussia-Ukraine conflict sees Beazley predict £41m plunge
The insurer’s chief executive, however, ‘remains confident’ in its combined ratio guidance for 2022
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NewsStaff complacency increases cyber risk for firms
Exactly 31% of respondents admitted to sharing workplace passwords
