The Source for Cyber Insurance News, Insights and Data
The global economy relies heavily on shipping, with over 90% of global trade transported by sea. However, the maritime industry remains an “easy target” for cybercriminals. This cyber risk and the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months, according to a new report by … Read more
A recent report published by the International Underwriting Association (IUA) and CyberCube has shed light on the increasing significance of supply chain risks within cyber insurance. It underscores the need for underwriters to scrutinize their clients’ business continuity plans. All while providing a comprehensive checklist for assessing an organization’s cyber supply chain. In a digital … Read more
FreightWaves, has published an article on the importance of cyber insurance for logistics and supply chain businesses. It highlights the increasing risk of cyberattacks on these businesses and the potential financial and reputational damage that can result. Cyber insurance can help logistics and supply chain businesses to mitigate the risks of cyberattacks and to recover … Read more