Cyber – Page 10
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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
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AnalysisTinder Swindler case reinforces regulation requirement for flourishing dating metaverse
Although the Online Safety Bill may help combat romance scams, insurers and brokers should think about how they can protect customers from social engineering attacks
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NewsUK cyber insurance pricing up by 102% – Marsh
The Russia-Ukraine war has put pressure on the insurance market
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NewsBusinesses caught in cyber crossfire of Russia-Ukraine conflict cannot rely on insurance for protection – Databarracks
Businesses should focus on their resilience to cyber attacks as acts of war are excluded from cyber insurance cover
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NewsSMEs must ‘step up’ cyber security game amid Ukraine-Russia war – Aviva
Brokers have a key role to play in educating customers on cyber risk and resilience
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NewsChanging ransomware tactics could be a ‘good thing’ for cyber insurers
The insurance sector has a role to play in plugging cyber security gaps, says cyber risk expert
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NewsCyber (re)insurers limit exposure to ransomware
Ransomware continues to shape the cyber risk landscape, explained Dwic roundtable panellists
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NewsIs AI the next ‘silent cyber’?
Experts predict that artificial intelligence governance will increase as insurers and reinsurers remain naïve around AI-related risks
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NewsUK ransomware attacks rise by 100% in 2021 – RPC
Despite the increase, businesses risk being underinsured until insurers ‘take matters of cyber security seriously’, says cyber and tech head
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AnalysisBriefing: Industry’s appetite proves it needs to improve its menu
Insurers’ lack of appetite for cyber and climate-related risks will see industry’s relevance nosedive in the eyes of customers
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AnalysisCyber terror exposure fears at the heart of insurers’ reluctance to broaden cover
Wars now have the potential to be fought both online and offline. Insurance Times explores the industry’s appetite to cover terrorism or nation state cyber warfare risks
