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Cybercrime Costs Global Economy Up to $575 Billion
Cybercrime costs the global economy about $445 billion every year, though the damage may be up to $575 billion, according to a new report from the Center for Strategic and International Studies and...
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Tom Ridge Tells Cyber Conference Insurance Should Incentivize Risk and...
More Americans worry about being hacked than they are of mugging, burglary, sexual assault, murder, or physical harm of a child, according to a new Gallup poll. While hacking concerns did increase...
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Cyber Insurance Purchasing Up, But Breaches Felt in Prices and Limits
NEW YORK—At yesterday’s Advisen Cyber Insights Conference, Zurich and Advisen released the fifth annual Advisen Cyber Survey of U.S. risk managers, finding a 9% acceleration in cyber liability...
View ArticleTravelers Must Cover Inadvertent Data Disclosures, Court Rules
A recent Fourth Circuit case affirmed a Virginia district court ruling that insurer Travelers Indemnity Company of America had a duty to defend a class action brought against its insured, Portal...
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Aon Introduces Single-Parent Captive Cyber Insurance Program
With cyberattack listed as one of their top risks, organizations are looking for ways to mitigate their risk in a market where cyber insurance rates are quickly rising. According to the Center for...
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