Forgotten Your Passwords? They Soon May Be Lost Altogether – with Insurers’ Help June 9, 2021 By James Patterson The most popular password in 2020 was exposed almost 24 million times and took less than a second to crack....
Cyber Attacks and Data Loss Are Top 2 Risks Facing Directors & Officers: WTW Survey April 23, 2021 By L.S. Howard Cyber attacks and data loss are the top two risks facing directors & officers, with pandemic-related changes in working practices...
Bank of England Warns of Potential Risks from Cloud Data Providers April 21, 2021 LONDON – The Bank of England might strengthen its controls on cloud data providers and other technology firms to counter...
NY’s Cyber Guidance Could Boost Risk Management for Insurers, Insureds Across U.S. April 5, 2021 By Yakir Golan and Visesh Gosrani The Cyber Insurance Risk Framework, launched recently by the New York State Department of Financial Services, is a positive step...
Microsoft Flaw Exposes as Many as 60,000 Computer Systems in Germany March 11, 2021 By Andreas Rinke BERLIN – As many as 60,000 computer systems in Germany were exposed to a flaw that allows unauthorized users to...
Global Power Grids Are Becoming Increasingly Vulnerable to Cyber Attacks March 4, 2021 More than five years after massive cyber attacks left a quarter of a million Ukrainians without electricity, the world’s power...
Aon Secures $70M in Alternative Capital Capacity to Transfer Systemic Cyber Risk November 19, 2020 Insurance broker Aon plc has launched a new product with Hudson Structured Capital Management Ltd. (an asset manager undertaking its...
Cyber Security Top Concern for Businesses in ‘Age of Risk:’ Marsh & McLennan’s Glaser November 17, 2020 By Alwyn Scott Cyber security has emerged as the most pressing exposure for business confronting a new “age of risk,” topping the coronavirus...
Russia-Backed Hackers Behind Most Nation-State Cyber Attacks: Microsoft October 2, 2020 By Alyza Sebenius Russia-based hackers are responsible for the majority of nation-state attacks on Microsoft customers, according to new data from company. Microsoft...
Envelop Risk Paves the Way as Insurtech Reinsurance MGA September 29, 2020 By L.S. Howard Managing general agents for reinsurance are rare. Reinsurance MGAs that write cyber are even rarer, which is the world that...