Insurers face becoming irrelevant to the risk mitigation requirements of corporations as their main lines of business become increasingly exposed to crypto asset risk in the future
To model the complexity of cyber risk requires a deep understanding of both human behaviour and internet technologies, the analytics and modelling firm's chief executive says
SolarWinds ‘cyber catastrophe’ demonstrates need for collaboration between insurer and insured so that insurance rates do not skyrocket to an unreasonable level
Whether or not insurers should support the payment of a ransom demand is debatable, but it is important to acknowledge payment is not always the best or most appropriate response
A lot more to needs to be done by businesses and their insurers to better understand and identify the risk before a ransom is demanded
For carriers to increase prices and restrict cover as the frequency and severity of cyber attacks increase would be a short-term and unsustainable solution
The global evolution of data protection regulation offers cyber insurers both a challenge and a unique set of circumstances to grow their business
Many specialist pollution policies are silent as to whether pollution caused by a cyber event is covered
Latest Cyber Updates
All set! This article has been sent to firstname.lastname@example.org.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.