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...
Businesses Face Fewer Cyber Events, But the Attacks Are More Costly September 24, 2020 By Meghan Hannes The stakes are higher than ever for businesses when it comes to cyber risk, especially with the added complexity of...
Ex-Security Chief Martin Urges UK to Outlaw Cyber Ransoms September 18, 2020 By Kitty Donaldson Ciaran Martin, who stepped down as head of the UK’s National Cyber Security Centre this month, will call on Boris...
Businesses Need to Rethink Cyber Risks for Work-from-Home Employees September 17, 2020 By Jeff Norton When worldwide lockdowns were imposed almost overnight in March, most employees thought they were leaving their desks behind for just...
Australia to Spend $1.2B to Beef Up Private Sector’s Cyber Defenses After Rise in Attacks August 7, 2020 Australia will spend A$1.66 billion ($1.19 billion) over the next 10 years to strengthen the cyber defenses of companies and...
Kovrr Develops Open Framework for Measuring Catastrophic Cyber Risk July 9, 2020 Kovrr, a cyber risk modeling company, announced it has developed an easy-to-use open framework to measure and understand catastrophic cyber...
Australia to Spend Nearly $1 Billion on Cyber Security During Next Decade June 30, 2020 By Colin Packham SYDNEY – Australia will spend A$1.35 billion ($926.1 million) over the next 10 years to boost its cyber security defenses,...