For buyers, a softening market has brought more than price relief. Demand is shifting away from simple coverage amounts and ...
Local governments looking for cyber insurance are facing a changing market, and by some accounts, cyber insurers today charge more, while covering less. Cyber insurers had initially based premium ...
Cyber insurance, as an emerging line of insurance within property/casualty insurance, started as a relatively straightforward product by traditional insurers, focusing first on third-party liability ...
Given the prevalence of hacking incidents — before and after the Colonial Pipeline breach — more and more companies are purchasing cyber insurance to manage their risk. But are the pockets of large ...
As a business owner, you may need various types of insurance to limit financial losses for your company. If you store or process any sensitive customer information, such as their names, addresses or ...
As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...
Many companies don't have cyber insurance because of costs, but the market is growing. Cyber insurance can help companies recover financially from cyberattacks and data breaches. This story is part of ...
ZDNET's key takeaways Small businesses are prime targets for cybercriminals.Cyber insurance provides financial protection and means to assess and improve security.SMBs should compare insurance costs ...
Not that long ago, few companies even considered purchasing insurance to mitigate their financial exposure from a cyber incident, and for those that did, obtaining a policy was as easy as filling out ...
Three factors are certain to influence your cyber security program today: regulations, third-party partners, and cyber insurance. Increasingly stringent requirements, exclusions, and policy premium ...
Businesses face enormous pressure to protect their data and systems from breaches and cybercrime. Failure to do so could result in devastating financial losses. According to IBM’s Cost of a Data ...