CyberCube report states global insurance industry can set standards on cyber security as the world digitises
In a world increasingly exposed to technology-based cyber security threats, the global insurance industry is well-positioned to play a greater role in rewarding those organisations that take cyber security seriously and have standard solutions in place to counter them. This is the call from globally renowned cyber analytics company, CyberCube in a report timed for release to coincide with the World Economic Forum annual meeting in Davos, where its chief executive is participating.
Catastrophe modelling: the key to unlocking growth in cyber ILS
Laurel Di Silvestro, principal client services, and Matthew Silley, client services manager, at CyberCube, take a look at how catastrophe modelling could help spur growth in cyber ILS.
Top 10 InsurTech Companies in Europe
The proliferation of internet-connected technologies presents unprecedented cybersecurity challenges, requiring organisations to reliably transfer risk to insurance companies in order to grow their businesses securely. At the same time, insurance companies must thoroughly assess the cybersecurity posture of organisations before adding them to the portfolio.
Hiscox to use CyberCube’s cyber analytics technology to better understand systemic cyber risk
Cyber risk analytics company CyberCube, has signed an agreement with global specialist insurer Hiscox, for the use of CyberCube’s ground-breaking technology to generate better insight into potential systemic cyber risk.
Travelex attack part of growing trend of increased ransomware activity
The problems plaguing foreign exchange firm Travelex are just a taste of what the future of cyber-crime has to offer, given the continued expansion of ransomware.
Giving Voice To The Challenge Of Silent Cyber
If the issue of silent cyber is not addressed, it will have a detrimental impact on the development of both the affirmative cyber market and the broader P&C market. (p.4)
Cyber models must develop further to tackle silent cyber risk
Data hacks and big fines drive cyber insurance growth
The possible cost of large scale attacks are eye-watering. CyberCube and Guy Carpenter, an insurance broker, modelled scenarios that could cause big losses for the industry. An extended outage at a large cloud services provider could lead to $14.3bn in payouts, for example, while a widespread theft from an email service provider could result in losses of $19.1bn.
Ransom attackers set sights on financial sector ‘big game’
SalesTechStar Interview With Dave Gillmore Head Of Sales And Business Development At CyberCube
CyberCube Report States, Nat Cat Models Provide A Useful Starting Point, But Are Just A Base For Cyber Modeling
Nat cat models have ‘limited value’ for cyber modelers
Nat cat models can’t be replicated in cyber modeling, says CyberCube
Nat cat models are just a base for cyber modelling
CyberCube secures more funding, adds Board observers
Insurtech Firm CyberCube Calls on Insurers to Set Global Cyber-Security Standards
Global insurance industry can play bigger role in setting cyber standards – CEO
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