cyber claims News

Chubb Launches Online Cyber Risk Index

Chubb has put two decades worth of its own commercial cyber claims data into an online index that shows the cyber threats for organizations based on their size and industry. Access to the new proprietary online Chubb Cyber Index is …

Cyber Insurance Claims from Fraudulent Instruction Scams Rise: Beazley

Organizations are being forced to deal with an increased threat to their operations from fraudulent instruction scams, according to specialist insurer Beazley’s most recent Breach Report. According to the insurer, fraudulent instruction incidents reported to Beazley Breach Response Services quadrupled …

Panensky to Lead New Ironshore Computer Emergency Response Team

Ironshore Inc. has unveiled a Computer Emergency Response Team (CERT) to manage cyber claims across all product lines. CERT-Ironshore is a dedicated computer response team comprised of cyber claims coordinators representing each specialty lines division. Howard Panensky will serve as …

Effective Cybersecurity Strategy Rests on People, Not Just Technology

While many organizations continue to focus on the technology aspect of cyber defense, which is crucial, they often do so at the expense of people risks, which represent the largest source of data breach claims. New claims data analysis from …