Insurance Brokers

Cyber Security Survey Shows Only 5.5% of Insurers/Brokers Get An A Rating

For insurers, assessing risk is a way of life, but sometimes insurance companies are struggle to evaluate and respond to their own cyber risks. The amount of sensitive data being held by such companies means […]

Fraud

Revealed: 55% of UK Companies Have Suffered Cyber Attack

The prevalence and severity of cyber-attacks/breaches has damningly increased over the last few years. This year alone (2019), 55% of UK firms have already faced a cyber-attack and losses from breaches have accounted to a […]

Insurance Brokers

Huge Spike in Ransomeware Attacks on SMEs, Says Beazley

Beazley data reveals an increase in ransomware attacks against IT vendors as cyber criminals exploit weak security programs to target both the vendor and their clients. One quarter (24%) of all ransomware incidents reported to […]

Global insurance trends

Marsh and World Economic Forum Highlights Global Cyber Risk

Economic issues dominate concerns for business executives around the world, according to the World Economic Forum’s Regional Risks for Doing Business 2019 report. In a survey of nearly 13,000 business leaders in over 130 countries, respondents ranked […]

Insurance Brokers

Small Biz Hit Hard by Cyber Attacks, Spying, Ransomware & More

Crisis incidents, such as cyber-attacks, extortion, industrial espionage and terrorism, are costing UK SMEs billions of pounds a year. Furthermore, subsequent trading paralysis is putting thousands at risk of collapse in their aftermath. UK SMEs […]

Insurance claims

Envista Forensics Expands Cyber Security Offer

Envista Forensics, a global forensic engineering firm, announced the expansion of their cyber security services to include ransomware investigation and resolution. “Our cyber experts are highly experienced and many come from all walks of life, […]

Technology

Cyber Cover: Cofense Teams Up With CNA on Security Training Program

Cofense™, the global leader in intelligent phishing defense solutions, announced its strategic relationship with CNA, one of the largest commercial property and casualty insurance companies in the United States. Cofense will provide security awareness training as […]

Insurance Brokers

Broker Update: Ecclesiastical Launches Cyber Scenario Planner

Ecclesiastical has responded to brokers who called for more help selling cyber cover by creating a new Cyber Scenario Planner. In June 2019, research undertaken by the specialist insurer revealed that more than a third […]