ProWriters

JULY 25, 2024

companies faced the risk of a significant cyber attack. Analysts project cyber crime to cost the U.S. For most companies, a cyber breach isn’t a question of if but when. As a Cyber Insurance broker, you can learn from their mistakes to help protect your clients. trillion by 2028.

Protection 52

Protection Cyber Damage Broker 52

Risk Management Monitor

DECEMBER 3, 2021

And cyber risk remained elevated in 2021, with more than 600,000 cybersecurity incidents reported in the first six months of the year alone, according to CERT.”. According to the report, this underscores the imperative to develop robust risk management strategies for both current and emerging risks and to focus on building resilience.

Risk 45

Risk Building Business Interruption Cyber 45

Scott Insurance

SEPTEMBER 27, 2022

Businesses in every industry are facing cyber threats with increasing frequency and severity. It is no longer a question of if your organization will experience a cyber incident, but when. The FBI puts out a report ever year called the IC3 Cyber Crime Report. The number one threat every year is business email compromise.

Cyber 52

Cyber Risk Crime Insurance Companies 52

Risk Management Monitor

JUNE 14, 2021

These multi-party cyber breaches create a ripple effect and threaten to have a far greater impact than those affecting single companies. If a vendor’s cyber risk degrades or an element falls out of policy, you will be notified instantly.

Risk 69

Risk Cyber Building Claim 69

Risk Management Monitor

DECEMBER 5, 2022

On a broader scale, executives seemed to lack confidence in risk managers, with only 47% of respondents saying they feel “very confident” in their risk function’s ability to build a more risk-aware culture, a key element of any successful risk-focused company. Adapt IT governance to the emerging technologies being adopted.

Risk 76

Risk Cyber Building Crime 76

Risk Management Monitor

OCTOBER 25, 2022

In other lines of business, as inflation continues to rise and products become harder to get, we can expect to see increased crime activity, with higher value attributed to stolen goods due to shortages and inflation encouraging more employee theft. This is the time to leverage that trust.

Risk 40

Risk Business Interruption Insured Insurance 40