Cyber
Articles tagged “cyber”.
After WizzAir indicated possible data breach should all insurance policies have cyber insurance coverages?
According to recent posts on social media, the Hungarian lowcost airline WizzAir indicates a possible data breach. In the past few hours…
2019-04-10AI is the “future of employment” for re/insurers
U.S. natural catastrophes and climate change-driven extreme weather poses mounting risks to society and property insurers. This is one of the statements…
2019-02-20Cyber risk biggest threat to European business as attacks surge
An upsurge in cyber attacks will continue to put pressure on European businesses and expose them to the threat of a critical…
2018-12-12Cyber risk a growing concern for re/insurers
Cyber insurance is helping to protect global insurance companies against the risk of cyber breach. But, the impact of data breaches can…
2018-12-05Cyber risk means creating as much transparency as possible
Torsten Jeworrek is the partner and strategic advisor to the Global Software Group (GSG), a leading provider of integrated platform security solutions…
2018-11-22Probabilistic models for cyber risk
Catastrophe modeling firms have extended the probabilistic techniques used for hurricanes and earthquakes to cyber risk. Instead of relying only on past…
2018-11-15Reinsurers prepare for rapid growth in cyber demand
Large reinsurers have repeatedly identified cyber as one of the fastest-growing lines in the market. As businesses digitize, demand for protection against…
2018-09-20Re/insurers risk irrelevancy by ignoring cyber
The mismatch between insurers’ business appetite and the risks presented by growing cyber risk could destroy the profitable German group Munich Re…
2018-09-12Cyber risk rising as hackers become harder to match
Attackers adapt quickly, share tools and target the weakest links in supply chains, which makes cyber risk difficult for defenders and insurers…
2018-09-05Airlines need strong cyber security warning systems
Modern airlines depend on interconnected systems for booking, check-in, maintenance, flight planning and in-flight services. A cyber incident in any of these…
2018-08-10Digitalization will redefine insurance claims handling
Earning more money may not be the most pressing concern of the consumer insurance industry. Insurers also need to retool their departments…
2018-07-25Steady growth in cyber market but fresh opportunities remain
News of an escalation in the U.S.-China cybersecurity case comes as credit card-linked credit card and debit card transactions are growing faster…
2018-05-10One third of brokers don't understand cyber risks
One third of Wall Street brokers do not understand cyber risks, according to a poll from consultant firm Josephson Associates. Currently, there…
2018-04-25Reinsurers work to stay ahead of change
Reinsurers sit on something individual insurers rarely have: a very large, diversified portfolio of risks spread across countries and lines of business.…
ArchiveSpanish insurers turn to technology for growth
In mature markets where premium growth is limited, insurers look to technology to improve efficiency and customer satisfaction. Spanish insurers are an…
ArchiveThe biggest cyber security challenges for businesses
Insurance brokers regularly publish research on the cyber threats their clients face. Common themes include ransomware, business email compromise, supply-chain attacks and…