What Causes Cyber Losses? NetDiligence Cyber Claims Study 2022
Causes of loss, 2017-21: Get the study: Cyber Claims Study 2022 Report Thank you – NetDiligence
How Many Fortune 100s Have Cyber Insurance?
EY reports it surveyed the SEC filings of 74 Fortune 100 companies and 51% had cyber security insurance. That’s up from 43% in 2021. Report includes interesting statistics on cyber…
Glimpse of the Future? Could Banks Offer Cyber Insurance in the Metaverse?
“Some Banks and financial institutions are already leading the charge by offering crypto wallets and custodial services, access to crypto markets for trading and investment, and advisory services to Wealth…
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Got an Opinion on Whether the Feds Should Have a Cyber Insurance Program? Now’s Your Time to Comment
“Should an existing federal insurance program (e.g., NFIP or TRIP) or other U.S. or international public-private insurance mechanisms serve as a model for, or be modified to address, catastrophic cyber…
75% of Respondents Know They Need Cyber Insurance, But Far Fewer Say They Have It: Travelers Risk Index
Potential good news for cyber insurers: Awareness of need is high and perhaps sales will catch up to it… “Nearly 75% of respondents said they believe having a cyber insurance…
Ransomware Has CISOs on the Defensive; Cyber Insurance a Fallback
The statistics on how many CISOs have been hit by two to five ransomware attacks are sobering. “More organizations ‘have implemented ‘Plan B’ measures this year, from opening cryptocurrency accounts…
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Worried About Cyber Security & Insurance for Your Yacht Fleet? There Are Specialized Services for this Vertical Too
A guide to cyber considerations impacting the maritime industry is at the link… “Dryad Global provides maritime cybersecurity services that meet current and existing recognized international (IMO) standards including various…
Better Not Fib on Your Cyber Application — Insurers Clamp Down on Accuracy of Clients’ Self-Attestations of Security Controls
A hacked company claimed damages but was sued and had its coverage voided for falsely claiming it had MFA… “‘The lawsuits and the rescinding of coverage, the calling out of…
SoFi Jumps Into Personal Cyber Insurance Sector
“Blink by Chubb offers a suite of Chubb-backed personal insurance products distributed through the company’s digital brokers and affinity partners, such as SoFi. Chubb is the world’s largest publicly traded…
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Liberty Mutual’s Safeco Offers Personal Cyber Coverage
“As part of the endorsement, Safeco also provides customers with expert-level case management and guidance from a dedicated team of specialists in the event of a cyber exposure. The endorsement…
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