Cybersecurity incidents and cybercrime are on the rise in every sector of industry and against businesses and organizations of all sizes. In connection with the increase in the number of incidents and ...
Cyber-insurers are tightening requirements as claims rise, shifting from compliance checks to mandated identity controls. New ...
As VP of Engineering at Elpha Secure, Ratnesh drives cyber strategies and security portfolio tailored to protect SMEs against cyber threats. Cyber threats and breaches are continuing to skyrocket for ...
Premiums generated from cyber insurance coverage declined by 2.3% to slightly less than $7.1 billion in 2024 compared with a year earlier, marking the first ever decrease in the segment since the data ...
Dan Burke, Bridget Quinn Choi, Esq. Cyber risk has grown demonstrably in frequency and severity in the past 10 years—and, in tandem, the cyber insurance policy has grown in breadth and complexity.
Americans lost $12 billion to fraud in 2024, with a significant portion coming from phishing, smishing (SMS phishing), and social media trickery. Individuals have been tricked into handing over ...
Small and medium enterprises (SMEs) are more likely to buy cyber insurance because of professional advice or perceived risks such as AI, rather than because the company has been a victim of a ...
Does your company need cyber insurance? While high-profile cyber attacks on firms such as Marks & Spencer generate most of the headlines, there is a much broader cyber crime epidemic going on. Around ...
The FDIC rescinded FIL-16-2022 in March, paving the way for FDIC-supervised institutions to engage in cryptocurrency activities. These institutions were previously required to notify the FDIC and ...
KPMG’s Insurance CEO Outlook shows strong deal appetite and rapid AI investment - but cyber risk, workforce readiness and ESG ...