Dan Burke, Bridget Quinn Choi, Esq. Cyber risk has grown demonstrably in frequency and severity in the past 10 years—and, in tandem, the cyber insurance policy has grown in breadth and complexity.
Is cyber liability insurance worth it? Small businesses are often easy targets for malware, ransomware attacks, data breaches and other cyber attacks. For many, these incidents can be a serious threat ...
There was good news for cyber insurance buyers in 2024. Despite some headline-grabbing claims, insurance capacity remained high, creating a competitive market environment that led to nearly two-thirds ...
Walt Powell is the lead field CISO at CDW, specializing in providing executive guidance related to risk, governance, compliance and IT security strategies. Despite improving their resilience to ...
It’s no secret that the overwhelming majority of cyber insurance policies underwritten today are for commercial lines. But as the song goes, “The times they are a-changin’.” Several trends are on ...
As ransomware attacks, phishing schemes, data breaches and AI-powered cyber threats continue to rise, companies of all sizes are increasingly purchasing specialized insurance policies designed to ...
Large companies are no strangers to cyber insurance policies. In fact, 93% of companies with more than $1 billion in annual revenue have some form of cyber coverage. On the other hand, small and ...
The cyber-insurance market continues to generate profits for underwriters, but competition in the market and softening demand has led to a decline in the total revenue from premiums for the third ...
Cyberattacks happen every day, and any company that relies on technology to conduct business is at risk. But one way leaders can minimize the impact of losses from a cybersecurity incident is by ...