Remove Cyber Remove Risk Remove Theft
article thumbnail

High-Net-Worth Insureds’ Top Concerns: Climate, Collectibles and Cyber

Insurance Journal

A new report on emerging risks affecting wealthy households — those with assets of $500,000 to $5 million — highlights climate change, theft of collectibles and cybersecurity as top concerns. Chubb’s new “2024 Wealth Report: Cultivating Resilience in a Changing …

Cyber 289
article thumbnail

What Your Clients Must Know About Cyber Insurance War Exclusions

ProWriters

As war is driving cyber security concerns around the globe, more organizations are turning to Cyber Insurance for protection. Cyber Insurance war exclusions can leave businesses vulnerable to financial loss. Since Russia invaded Ukraine in 2022, a much-anticipated “cyber thunder run” hasn’t materialized.

Cyber 53
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Becoming a Cyber Insurance Leader

Zywave

Within the next decade the cyber insurance market is projected to grow to over $120 billion according to a report by Fortune Business Insights. That means there’s a lot of opportunity for insurers who are looking to either grow their cyber business or expand into the cyber market. But with growth opportunities comes risk.

Cyber 97
article thumbnail

This Black Friday and Cyber Monday, Protect Yourself and Your Business from Cyber Threats

Cowbell

Black Friday and Cyber Monday are synonymous with big sales, increased online shopping, and higher retail volumes—both in stores and online. So, why do Black Friday and Cyber Monday pose an increased risk for cyber threats? Ransomware : Attackers lock your company’s critical data and demand a ransom for its release.

Cyber 98
article thumbnail

Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. Without the right coverage, unforeseen challenges—such as property damage, employee injuries, or legal issues—could put your investment at risk.

article thumbnail

Is Your Website Safe? How To Stay Secure Amid Increasing Cyber Threats

Neilson Marketing Services

Such breaches can lead to identity theft, legal ramifications, and irreparable damage to your reputation. Securing Your Website: Proactive Steps You Can Take No security measure is foolproof, but there are several proactive steps you can take to minimize your risk and fortify your website against attacks.

Cyber 104
article thumbnail

RIMS TechRisk/RiskTech: Opportunities and Risks of AI

Risk Management Monitor

Ramesh Srinivasan gave a keynote titled “The Opportunities and Downside Risks of Using AI,” touching on the key flashpoints of current technological advancement, and what they mean for risk management. He noted that as data storage has become far cheaper, and computation quicker, this has allowed risk assessment technology to improve.

Risk 75