New York Cyber Conference Panelists Stress Importance of Unified Cybersecurity Plan September 27, 2016 By Elizabeth Blosfield As cyber attacks become a growing concern with advances in technology, firms should be working to establish a cybersecurity plan...
Cyber Risk Costs Not Big Enough to Spur Investment by Businesses September 26, 2016 The cost of a typical cyber breach to an American company is much less than has been generally estimated, providing...
ArgoGlobal Launches Cyber Division; Heaton Named Cyber Class Underwriter September 26, 2016 ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the launch of its Cyber division with the appointment of...
Ironshore’s IronPro Launches Cyber Crime Product for English & Welsh Solicitors September 23, 2016 IronPro, Ironshore’s financial and professional lines unit, is introducing Ironshore CyberCrime and DataProtect for English and Welsh Solicitors. Paragon International...
New York Proposes ‘Flexible’ Cybersecurity Regulation for Insurers, Banks September 15, 2016 By Elizabeth Blosfield The New York State Department of Financial Services (DFS) has proposed cybersecurity regulation for financial services companies that aims to...
Hacker Used Employee Credentials to Breach University of Alaska Data September 8, 2016 University of Alaska officials say someone used an employee’s credentials to hack into a network drive that contained private information...
More Businesses Fear Losing Data than Getting Hacked, Survey Shows September 7, 2016 By Don Jergler Losing data strikes more fear in businesses than getting hacked. A survey released today by San Francisco, Calif.-based Wells Fargo...
AIG, Chubb, XL Lead in $1 Billion U.S. Cyber Insurance Market: Fitch August 29, 2016 About 120 U.S. insurance groups wrote an estimated $1 billion in cyber insurance direct written premiums in 2015, according to...
Expert Gives Agents C- on Understanding of Cyber Insurance August 23, 2016 By Don Jergler Eduard Goodman, chief privacy officer of Scottsdale, Ariz.-based IDT911, an identity theft protection firm, isn’t too high on the industry’s...
Sciemus’ Move into Specialty Underwriting: A Case of ‘Adapt and Thrive’ August 3, 2016 By L.S. Howard It was a case of adapt and thrive when modeling and analytics company Sciemus made a big strategic leap this...