The Role of Intermediaries in Placing Cyber Risk
With the wealth of data available to companies and their insurer partners, there should be enough information to tailor specific insurance cover to any organizations’ needs. However, upon deeper analysis, there are several structural factors across the market that contribute to this inefficiency and under-protection of corporations.
Understanding the Role that Brokers and Analytics Play in the Cyber Risk Ecosystem | Oren Schetrit and John Anderson
Understanding of exposure to cyber risk and the gap that exists between small and large companies in understanding can be augmented by the role that brokers and analytics play in the cyber risk ecosystem
Designing a Cyber Catastrophe
The creation of risk scenarios is one of the most important, complex and (for many) interesting aspects of risk management in the insurance sector...
Measuring Cyber Aggregation Risk
Cyber risk is now an embedded feature of the global risk landscape, and preventative risk management and post-event remediation are gaining importance as shareholders, customers, supply chain partners, and regulators are increasingly focused on how companies are managing for cyber risks...
Reinsurance: An industry in Terminal Decline or at the Beginning of a New Golden Age?
In 2016 so far, at least 12 documented “ransomware” attacks have been targeted at U.S. healthcare organizations. This specific type of malware is used to encrypt data with a decryption key accessible only to the hacker, blocking system access until a ransom is paid...
What Every CISO Needs to Know About Cyber Insurance
The impact of a cyber attack to an organization’s brand, reputation, and business operations can be catastrophic. Organizations need to plan proactively but prepare for the reactive, which includes insurance for goods, intellectual property (IP), and commerce—the assets sailing across the digital landscape. Welcome cyber insurance.
Why CISOs Should Embrace Their Cyber Insurer
Cyber Security risk management is undergoing one of the most important shifts in recent memory; however, this shift is not being driven by the information security industry...