cyber insurance

AIG: WannaCry, Data Breaches Made 2017 Worst Year Yet
AIG: WannaCry, Data Breaches Made 2017 Worst Year Yet
June 04, 2018  |  Security & Fraud

Following a series of sophisticated cyberattacks, such as WannaCry and NotPetya, AIG received a surge of cyber claims in 2017: The insurer saw as many...

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For Cyber Insurance Companies, Attacks Can Be Riskier Than A Hurricane
For Cyber Insurance Companies, Attacks Can Be Riskier Than A Hurricane
May 21, 2018  |  B2B Payments

When PricewaterhouseCoopers released a report in 2015 that predicted the cyber insurance industry would see premiums triple in five years and reach at least $7.5...

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Apple, Cisco Team Up On B2B Cybersecurity Fix
Apple, Cisco Team Up On B2B Cybersecurity Fix
February 06, 2018  |  Security & Fraud

Apple, Cisco, Aon and Allianz announced news on Monday (Feb. 5) that they have joined forces to create a new cyber risk management service geared...

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Coalition, New SMB Cybersecurity Firm, Launches With Cyber Insurance Offerings
Coalition, New SMB Cybersecurity Firm, Launches With Cyber Insurance Offerings
December 06, 2017  |  B2B Payments

A new cybersecurity solutions company has launched this week. Coalition announced its entrance into the market on Tuesday (Dec. 5) with a focus on small-...

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UK Watchdog Proposes Compensation Plan For Victims Of Push Payment Fraud
UK Watchdog Proposes Compensation Plan For Victims Of Push Payment Fraud
November 09, 2017  |  B2B Payments

The U.K. Payments System Regulator (PSR) is taking steps to address the 100 payment scams hitting consumers and businesses every day. The financial watchdog has...

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Business Email Scam Not Covered By Cyber Insurance, Canadian Court Rules
Business Email Scam Not Covered By Cyber Insurance, Canadian Court Rules
November 07, 2017  |  B2B Payments

The Business Email Compromise (BEC) scam is jeopardizing millions of dollars for businesses of all sizes and industries. Just last week, news reports surfaced that business...

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For Cybersecurity, Independent Contractors Should Think Like Big Businesses
For Cybersecurity, Independent Contractors Should Think Like Big Businesses
August 25, 2017  |  B2B Payments

The cyber insurance market is expected to grow, by a lot. Researchers at PricewaterhouseCoopers predicted in 2015 that the market would hit $7.5 billion in...

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Kingsbridge Offers Cyber Insurance For Freelancers, Contractors
Kingsbridge Offers Cyber Insurance For Freelancers, Contractors
August 18, 2017  |  Security & Fraud

Insurance broker Kingsbridge, which services contractors and corporates, is adding a cybersecurity tool into its offering. The company announced Friday (Aug. 18) that it launched...

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