Although businesses are increasingly at risk for cyber attacks on their mobile devices, many aren’t taking steps to protect smartphones and tablets. That’s one of the conclusions of a report on mobile security released last week by Verizon, which found …
HDI Group, the Hannover, Germany-based subsidiary of Talanx Group, has taken a stake in the cyber-security start-up Enginsight in Jena, Germany. Financial details of the transaction were not disclosed. Enginsight offers companies fully automated protection against attacks on their data …
Zurich Insurance Group has created a new offering together with cyber-security company CYE to shield businesses against the growing risks of cyber crime. With the partnership, Zurich’s specialist cyber insurance and risk engineering capabilities are combining with CYE’s artificial intelligence-based …
H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the expansion of Node International’s North American presence with the addition of Matthew Lefchik, who joins Node as director, Cyber Risk Management Services. In the new …
CyberCube, an insurtech focused on cyber risk analytics, is calling on the insurance industry to set global cyber-security standards as the world digitizes. “Internet-connected technologies is a prime opportunity for the insurance sector to be at the forefront of understanding …
“Hi, I hope you are not busy?” The treasurer of the Icelandic soccer club Afturelding got the email from his manager late in the afternoon, soon before banks were about to close. The words “Sent from my iPhone” were at …
Brit Ltd., the London-based insurer, announced it has launched an online platform for cyber risks in both the U.K. and the U.S., targeting small and medium sized enterprises (SMEs) in both regions. The portal will give brokers an agile, user-friendly …
Ransomware attacks increased by 37% during the third quarter of 2019, compared to Q2, as cyber criminals target both IT vendors and their clients, according to data compiled by insurer Beazley. One-quarter (24%) of all ransomware incidents reported to Beazley …
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has partnered with SecurIT360, a full-service security consulting firm, and The Crypsis Group, a cyber risk management firm, to offer all eligible cyber policyholders in …
Risk Strategies, a privately held national insurance brokerage and risk management firm, has launched the Cyber Resolute offering that combines new technology with smarter processes and specialized coverage. Cyber Resolute can be tailored to specific client circumstances and works as …
