CYBER RISKS
Working from home can be precarious. The household printer is upstairs and the dog lives under my desk, so its not a stretch to imagine a scenario where I trip over the dog and/or slip on the stairs as I run up to retrieve a document.
MONTE CARLO, Monaco The market for cyber liability reinsurance is stable but is unlikely to grow significantly until more sophisticated underwriting tools are developed to assess the risks, reinsurance leaders say.
Working from home can be precarious. The household printer is upstairs and the dog lives under my desk, so its not a stretch to imagine a scenario where I trip over the dog and/or slip on the stairs as I run up to retrieve a document.
MONTE CARLO, Monaco The market for cyber liability reinsurance is stable but is unlikely to grow significantly until more sophisticated underwriting tools are developed to assess the risks, reinsurance leaders say.
Suspected Chinese hackers tampered with widely used software distributed by a small Canadian customer service company, another example of a supply chain compromise made infamous by the hack on U.S. networking company SolarWinds.
Around $22 trillion of global debt rated by Moodys has a high or very high exposure to the risk of cyberattack, the ratings agency said in a report on Thursday, with hospitals and utilities seen at the greatest risk.
Business and media publication Fast Company said it shut down its website Tuesday evening after the site was hacked and sent obscene and racist notifications to Apple users via the iPhone makers Apple News service.
Business and media publication Fast Company said it shut down its website Tuesday evening after the site was hacked and sent obscene and racist notifications to Apple users via the iPhone makers Apple News service.
Everest Reinsurance Co., Everest Re Group Ltd.s reinsurance division, said Friday that Catherine Rudow has been named to the newly created position of global head of cyber reinsurance.
Smart devices connected to the internet such as refrigerators and televisions will have to comply with tough European Union cybersecurity rules or risk being fined or banned from the bloc, according to a European Commission document seen by Reuters on Thursday.
Federal agencies warned ransomware attacks against schools may increase this school year, in a joint cybersecurity advisory issued Tuesday.
Federal agencies warned ransomware attacks against schools may increase this school year, in a joint cybersecurity advisory issued Tuesday.
Bermuda-based Axis Capital Holdings Ltd. said Wednesday it is offering cyber and professional liability coverage for companies with up to $2 billion in revenue.
Bermuda-based Axis Capital Holdings Ltd. said Wednesday it is offering cyber and professional liability coverage for companies with up to $2 billion in revenue.
A federal appeals court on Tuesday affirmed a lower court ruling in Chubb Ltd.s favor in a case involving a phishing attack.
A federal appeals court has overturned a lower court and reinstated a putative class action lawsuit filed by a former pharmaceutical company employee whose personal information was released on the dark web following a phishing attack.
A federal appeals court on Tuesday affirmed a lower court ruling in Chubb Ltd.s favor in a case involving a phishing attack.
Coalition Inc., a managing general agent specializing in cyber risk, said Tuesday it has started conducting business in London, effective Sept. 1.
A federal appeals court has overturned a lower court and reinstated a putative class action lawsuit filed by a former pharmaceutical company employee whose personal information was released on the dark web following a phishing attack.
Coalition Inc., a managing general agent specializing in cyber risk, said Tuesday it has started conducting business in London, effective Sept. 1.
Insurers are increasing their scrutiny of the age and condition of commercial building roofs and imposing more restrictive terms under property policies.
Wholesaler RT Specialty said Thursday it is introducing a facility that offers up to $15 million in excess cyber coverage capacity per account.