How to Lower Your Cyber Insurance Premium
Hiscox, one of London’s leading cyber insurance providers, released their 2022 Cyber Readiness Report with key details regarding the state of premiums in the cyber insurance industry.
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The Cyber Security Industry is Changing
Coming off the heels of the pandemic, the cyber insurance market has become increasingly aware of the risks associated with underdeveloped cyber security strategies. A report published by S&P found that cyber insurance premiums amounted to more than $9 billion in 2021, a figure which is expected to
How ESG Initiatives are Transforming the Insurance Industry
The umbrella of environmental, social, and governance (ESG) issues extends to cover sustainability, diversity, and industry or company-specific topics.
Cyber Insurance is Tough for Local Governments
Ransomware attacks are on the rise in the United States and local counties are scrambling to keep their cyber systems insured. For those who lack cyber protection, the price can be both costly and time-consuming.
How to Improve the Retail Insurance Experience
When it comes to both attracting new and retaining current business, insurance brokers are improving the most basic components of their product offering to stand out in what has become a highly competitive industry.
Reputation in the retail insurance business starts with customer experience. With so many platforms available for
What is Endpoint Detection and Response?
Endpoint Detection and Response (EDR), commonly referred to as endpoint detection and threat response (EDTR), is a cybersecurity endpoint technology framework that continually screens devices to identify and counteract cyber threats including malware and ransomware attacks.
"Zero Trust" Software and Its Impact on Cyber Insurance
Implementing Zero-Trust Architecture (ZTA) is often necessary to secure an organization from outside attacks and to protect internal business operations. ZTA has become so popular recently that many cyber insurers are now requiring its implementation prior to issuing a cyber policy.