Cyber Insurance Claims from Fraudulent Instruction Scams Rise: Beazley February 5, 2018 Organizations are being forced to deal with an increased threat to their operations from fraudulent instruction scams, according to specialist...
More Hackers Target Red-Hot Cryptocurrency Space: Report February 2, 2018 By Gertrude Chavez-Dreyfuss Bitcoin’s popularity and the emergence of about 1,500 other digital coins or tokens have drawn more hackers into the red-hot...
Tokio Marine Kiln Taps Jomaa from CFC as Cyber Underwriter February 1, 2018 Tokio Marine Kiln (TMK), the London-based provider of specialist and corporate insurance, has appointed Alex Jomaa as cyber underwriter. He...
Timeline: Growing List of Major Cryptocurrency Heists February 1, 2018 By Andrea Tan and Yuji Nakamura The $500 million heist of digital tokens from Japanese exchange Coincheck Inc. on Friday is remarkable for its sheer size,...
Insurers Begin to Offer Cryptocurrency Theft Cover, Tackling Risks of Growing Sector February 1, 2018 By Suzanne Barlyn Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than...
International Underwriting Association Calls for EU Registry of Cyber Claims Data January 31, 2018 A more coherent, consistent recording of cyber incidents would help the insurance industry better understand the frequency and cost of...
$19 Billion in Potential Losses from Cloud Services Failure Mostly Uninsured: Lloyd’s, AIR January 23, 2018 By Suzanne Barlyn A cyber problem that temporary shuts down a top U.S. cloud computing provider could trigger as much as $19 billion...
Silent Cyber Included in Willis Re’s Cyber Risk Portfolio Modeling Tool PRISM-Re January 18, 2018 Willis Re, the reinsurance business of Willis Towers Watson, the global advisory and broking company, has upgraded its cyber risk...
Travelers Europe Offers Enhanced Cyber Cover for UK & Ireland Tech Sector January 4, 2018 Travelers Europe announced it has enhanced its offering for technology businesses in the United Kingdom and Ireland with a packaged...
Coalition, a Cyber Insurer and Cybersecurity Firm, Makes Its Debut December 6, 2017 By Mark Hollmer Coalition is making its formal debut into the cyber insurance space, but with a twist. The San Francisco-based startup is...