The Source for Cyber Insurance News, Insights and Data
A cyber breach can hit in seconds, but the damage to your brand can last for years. That is why ERM in cyber risk is becoming essential for businesses looking to protect not just their data, but their reputation. According to the most recent Identity Theft Resource Center Business Impact Report, 81% of small- to … Read more
Recent White & Case commentary focuses on European cybersecurity M&A, which is important because, while the focus is regional, the threat is global. Cybercrime and state-backed attacks move quickly across borders, and malware is not stopped by customs. This makes the European deal landscape relevant beyond the region. White & Case notes that cyberattacks in … Read more
Cyber warfare sits just beyond the traditional edges of the cyber insurance beat, yet its consequences land squarely inside it. Political conflict drives economic disruption. Digital attacks trigger the losses insurers eventually absorb, from business interruption to infrastructure failures and cascading supply-chain damage. Carl von Clausewitz wrote that “war is merely the continuation of policy … Read more
By Michael Scheumack, Chief Innovation Officer, IdentityIQ Tax season is no longer just a deadline. It is a prime opportunity for cybercriminals to turn stolen personal data into quick financial gain. Tax identity theft occurs when a criminal files a fraudulent tax return using someone else’s personal information to claim a refund. With just a … Read more
By: Dr. Zia Muhammad Businesses face a continual threat of cyberattacks, as recent cyberattacks on critical US infrastructure in the Pittsburgh area and healthcare systems nationwide have shown. These attacks can be sophisticated, persistent, and represent a significant threat to every company in any industry. For those in critical infrastructure, a breach doesn’t just affect their bottom line; it poses severe safety … Read more