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Cyber Insurance & AI: Are You Fully Covered and Secure?
by Kelly O’Brien on November 7, 2024 at 12:15 PM
In today’s fast-evolving landscape, generative artificial intelligence (GenAI) is transforming nearly every industry, including insurance. From underwriting and claims processing to customer engagement, AI's integration brings a wealth of new opportunities—as well as complex risks tha …
Your Guide To Cyber Liability Insurance
by Brian Kelly on August 31, 2022 at 1:00 PM
Unsafe at Any Speed: The Designed-In Dangers of the American Automobile is a non-fiction book by consumer advocate Ralph Nader, first published in 1965. Its central theme is that car manufacturers resisted the introduction of safety features (such as seat belts) and that they were gen …
A True Story and Yet Another Cyberattack Victim
by John Conroy on April 22, 2022 at 1:45 PM
Cybercriminals can act alone, but increasingly we are witnessing cyber gangs (who operate like a small business and are also often referred to as ransomware gangs), with leaders, developers, system administrators, intrusion experts, data exfiltration experts, and monetary experts work …
Cyberattacks on the Rise – Everyone Pays the Price!
by Nicholas Foisy on October 30, 2020 at 1:00 PM
It is no secret that cyberattacks have been rising over the past decade. A 2019 Accenture and Ponemon Institute report found that security breaches increased by 11% since 2018 and 67% since 2014. To meet this rising challenge/opportunity, cyber liability insurance (cyber insurance) ha …
Cybersecurity Insurance: Think You're Covered?
by Geoff Yeagley on May 28, 2015 at 9:46 AM
IT security breaches have become so commonplace in recent years that they barely seem to raise an eyebrow anymore: Target, Bank of America, I.R.S., the list goes on. With that rise, the claims on Cybersecurity Insurance have risen as well.