insurance

Cybersecurity is a leading concern for risk managers as AI-related cyber risks surge, and despite growing investments, many businesses still lack comprehensive cyber insurance, according to a Nationwide survey ...

There has been a sharp decline in ransomware payouts, with only 11% of companies admitting to paying demands, which has been attributed to increased investment in backup and recovery technologies ...

In episode 321, the hosts discuss how connected cars are sharing driving data with insurance companies, potentially leading to increased rates for drivers. They also talk about the anti-TikTok bill passed by ...

Insurance is fundamentally a data-driven business. The insights that carriers can extract from the vast volumes of customer data they process can add huge competitive advantage–enabling them to detect fraud and optimize ...

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after ...

 First published by HelpNetSecurity — Matthew RosenquistCybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the ...

Data and users are what usually attract cyber-criminals to specific sectors and organizations. And the insurance industry has both in droves. While carriers play an integral role in helping their customers to ...

Cyberattacks pose one of the biggest risks to companies today. Yet many still don't understand cyber insurance or how to maximize its benefits ...

New paper: “Lessons Lost: Incident Response in the Age of Cyber Insurance and Breach Attorneys“: Abstract: Incident Response (IR) allows victim firms to detect, contain, and recover from security incidents. It should ...

Two reports focused on the cyberinsurance market found prices continued to moderate in the first quarter of 2023, according to the Global Insurance Market Index from Marsh. Average price increases rose by just ...