Cyber insurance has matured beyond its early role as a balance-sheet hedge. As cybercrime grows more complex and interconnected, buyers are no longer satisfied with coverage that responds only after a ...
A cyber insurance risk assessment finds the systems and assets most at risk of cyberattack. Learn about cyber insurance and ...
There was good news for cyber insurance buyers in 2024. Despite some headline-grabbing claims, insurance capacity remained high, creating a competitive market environment that led to nearly two-thirds ...
While security breaches that affect large enterprise businesses tend to make the biggest headlines, small businesses are just as vulnerable, if not more so. In fact, a recent survey by Mastercard ...
Cybersecurity is a critical priority for organizations of all types and sizes, from small businesses to large corporations. Cyber threats and attacks are on the rise. Between 2021 and 2023, there was ...
Cyber insurance, as an emerging line of insurance within property/casualty insurance, started as a relatively straightforward product by traditional insurers, focusing first on third-party liability ...
Three factors are certain to influence your cyber security program today: regulations, third-party partners, and cyber insurance. Increasingly stringent requirements, exclusions, and policy premium ...
As a business owner, you may need various types of insurance to limit financial losses for your company. If you store or process any sensitive customer information, such as their names, addresses or ...
Walt Powell is the lead field CISO at CDW, specializing in providing executive guidance related to risk, governance, compliance and IT security strategies. Despite improving their resilience to ...
A flood or fire might have devastated a business in the mid-1990s when offices were filled with filing cabinets and paper records. Today, most of those assets are in the cloud, and business insurance ...
Many traditional liability insurance policies have exclusions for cyber-related risks and stand-alone cyber insurance policies are the norm to cover cyber liabilities. Still, cyber insurance policies ...
It is not news that cyberattacks are considered a top global concern. In 2024, the average financial cost of cyber incidents worldwide was $4.88 million. In the US, the average was even higher: $9.36 ...