Cyber attacks are becoming increasingly common, but it isn’t just the scale that is of concern – it is the way in which they have evolved. This blog highlights the evolving nature of cyber risks and how data-sharing could be the key to overcoming cyber threats.
In this Q&A, Erin Kenneally, director of cyber risk analytics at Guidewire discusses: the changing face of cybercrime; how cyber insurers can improve; the case for prohibiting ransom payments; the looming threat of supply chain cyberattacks.
This report dispels some of the myths associated with cyber risk data, why the under-extraction of insights from actuarial data generated around cyber incidents is the real problem and how insurers can progress towards now-gen cyber underwriting in order to build a more robust cyber risk playbook.
‘Silent cyber’ or ‘non-affirmative cyber’ refers to the potential cyber exposures in non-stand-alone cyber policies, which may not be implicitly or explicitly included or excluded on policy wordings. This content provides a summary of a recent discussion hosted by the FOIL Technology & Cyber SFT.
Many businesses are not doing enough to protect themselves from the risks posed by cyber crime. This in-depth investigates how brokers can help clients armour themselves against emerging cyber threats.
When the pandemic hit, there were limited opportunities to consider the security impact of remote working. This blog discusses the importance of data and employee security moving forward and how intelligent automation can help.
The process of adaptation is a fitting model for the cyber insurance industry amid the pressures presented by ransomware incidents and claims. This whitepaper examines the environmental causes of ransomware and makes recommendations for how the insurance industry can stem this threat.
Cyber insurance loss ratios have been rising, jumping 10 percent in the past year alone with ransomware the main culprit. This blog outlines how cyber insurers can address the challenges posed by ransomware in order to maintain profitability and achieve reasonable loss ratios.
Aviva asked business leaders what major risks they believe their business is particularly exposed to. This report provides a comprehensive source of intelligence on the risks UK businesses face, their level of preparedness, and the methods they’re using to manage and mitigate those risks.
In this podcast, Rob Savitsky and Peter Herz from Duck Creek talk with Samit Shah of BitSight about the state of the cyber insurance market and what insurers are doing to address this emerging risk.