Cyber – Page 26
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NewsPrison warning for insurers making ransomware payouts
Insurers and those acting on behalf of insurers warned they need to perform due diligence to ensure ransoms are not paid to terrorist cyber attackers
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NewsMarsh board’s cyber strategy led to “tension” with its global HQ – Mark Weil
Mark Weil has revealed that when Marsh’s global headquarters took charge of the group’s cyber strategy, this posed a “challenge” for the UK & Ireland unit
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NewsFirms must work together to tackle growing cyber threat - Marsh UK chief exec
At the launch of TheCityUK’s ‘Governing Cyber Risk’ report, Marsh’s Mark Weil urged for co-operation to build cyber resilience
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NewsTwo thirds of manufacturers without cover despite serious cyber threat
New report finds while nearly half of UK manufacturers have suffered a cyber attack, the majority don’t have insurance against a cyber breach
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NewsGDPR – Data mishandling could be the new PPI
The regulator’s penalties for data breaches are stiff, but a bigger problem could be an avalanche of claims from clients for data mis-handling
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NewsContagious malware, a 'cyber catastrophe in waiting'
A risk modelling firm has developed its first probabilistic risk model for cyber-attacks, with contagious malware such as NotPetya a wildcard for future cyber catastrophes
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NewsUK general launches personal lines cyber product
New product will provide cover for online fraud, hacking, defamation and cyber bullying, and is expected to be expanded to cover new risks as the Internet of Things continues to expand
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News AnalysisHow to pick an effective incident response team
No one wants to see their client make a claim; but, when the worst happens, it is reassuring to know you have the right team in place to handle the fallout
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NewsCyber – the growing peril
High-profile cyber attacks have propelled cyber into the top three perceived risks
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AgendaBerea Group Cyber Q&A: Too few brokers understand what is hidden by the word cyber
Berea Group’s Founder & CEO, Aaron Yates speaks to Insurance Times lead researcher Savan Shah to discuss the hidden cyber challenges that lie ahead for brokers, policyholders and insurers.
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NewsTop cyber policies revealed – exclusive
Insurance Times Cyber Report ranks cyber policies from 12 leading insurers
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NewsInsurance Times Cyber Product Report 2018
Ratings and reviews of what cyber products are available from insurers
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Online onlyPlum Underwriting Etrading Q&A: HNW and MNW product revamp
Plum Underwriting’s Product Development Manager, Nicky Whatman speaks to Insurance Times lead researcher Savan Shah to discuss the current and future developments of the Plum Online Portal.
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NewsInsurers warned again GDPR could spark claims avalanche against them
Auger says GDPR could be the new PPI, and to expect a wave of claims cases based on misuse of information
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AgendaManchester Underwriting Cyber Q&A: Insurers must illustrate cyber threats to SME's
Manchester Underwriting’s Head of Cyber Insurance, Cliff White speaks to Insurance Times lead researcher Savan Shah on the challenges of acquiring suitable cyber cover and the grey areas of GDPR.
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NewsReinsurers flock to back extended Pool Re cyber cover offering
Pool Re gets backing of 47 member-strong reinsurer panel as it extends retrocession cover to cyber terrorism
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News“We need to rethink our approach” to cyber risk – Marsh chief exec John Doyle
Marsh chief executive John Doyle says insurers are “worried” about cyber insurance, and suggests a new strategy is needed to tackle the growing risk
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NewsCyber market evolving fast – Beazley
Cyber risk insurance is evolving quickly, with bigger limits, more buyers, and more BI covers being bought, reports our sister publication, StrategicRISK
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NewsBeazley saw fraudulent instruction incidents quadruple in 2017
Organisations are facing an increased threat from fraudulent instruction scams, new data from cyber-specialist Beazley shows.
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NewsUK cyber security chief warns that a major attack is inevitable
The head of the UK’s National Cyber Security Centre says Britain is “fortunate” to have avoided a major attack already
