cyber risk management News

2017 Cyber Risks to Intensify as Hackers Become More Cunning: Report

Top cyber threats during 2017 are expected to include nation state cyber espionage, a rise in data integrity attacks and an increase in attacks harnessing Internet of Things (IoT) devices, according to a report published by Stroz Friedberg, an Aon …

Chubb Expands Cyber Risk Engineering Offerings Into the U.K., Ireland

Chubb has expanded its cyber risk engineering capabilities in the U.K. and Ireland, as it continues to invest in building its cyber enterprise risk management proposition in the region. Chubb’s U.K. and Ireland dedicated cyber risk engineering team, headed by …

Pen Underwriting Names Scott as Head of Cyber Liability, Driving Cyber Growth

Pen Underwriting announced that Adrian Scott has been appointed to the newly created role of head of Cyber Liability. Scott takes responsibility for enhancing Pen Underwriting’s capabilities in cyber risk management and insurance, building a dedicated team of sector specialists …

Aon Benfield Names Foord-Kelcey as Co-Head of Cyber Practice Group

Aon plc has appointed Luke Foord-Kelcey to co-head Aon Benfield’s Global Cyber Practice Group, reinforcing the firm’s commitment to cyber risk management and transfer. Based in London, Foord-Kelcey will be responsible for spearheading cyber – an emerging line of business …

Hanover Stone Partners, UnitedLex to Offer Cyber Risk Management Services

Hanover Stone Partners, a risk management services firm, and UnitedLex, a business advisory company, have collaborated on cyber-security, legal services and other risk management options for businesses and other commercial entities. UnitedLex works with clients on their cyber-related risks through …

IronPro Enhances Cyber Policy Risk Management Services

IronPro, the professional liability unit of Ironshore Inc., is introducing a suite of enhanced risk management services for cyber policyholders. IronPro will provide eligible Ironshore Highly Protected Information (HPI) policyholders with cyber monitoring and alert services (CMAS) during the policy period. IronPro …

Zurich Taps SecurityScorecard for Third Party Risk Evaluation, Monitoring

Zurich has retained SecurityScorecard, a security-risk benchmarking company, to monitor its third-party cyber security risks by maximizing the security intelligence and continuous risk-collection capabilities found in the SecurityScorecard platform. SecurityScorecard’s security risk benchmarking platform will allow Zurich to conduct a …

CAMICO Launches Cyber Risk Program for CPA Firms

CAMICO, a nationwide CPA-directed program of insurance and risk management for the accounting profession, has announced CyberCPA to further protect CPA firms from losses caused by a variety of cyber risk exposures. CyberCPA provides first-party coverage for expenses incurred by …

Businesses Aren’t Alone in Worrying About Cyber Risk

Joe Public has joined U.S. business owners in worrying about cyber risk more and more. Cyber-related concerns grew by more than 20 percentage points among consumers from last year, moving from the fifth-ranked to the third-ranked concern overall, in the …

Consolidated Agency Partners, iPrevision to Offer Cyber Risk Management Services

Consolidated Agency Partners, Inc. (CAP), a preferred carrier market access firm, and iPrevision, have formed a strategic alliance to enhance the cyber and data liability coverage needs of their members and clients. iPrevision specializes in educating and training agency managers …