Why You Need Cyber Insurance and What You Should Know

Posted by Stephen Years on Oct 11, 2019 3:35 PM

The Memphis Business Journal has an article out today on the importance of cyber insurance.  They quote some recent statistics that are quite sobering:

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Topics: Cyber Insurance

Cyber Tops All Other Risk Concerns for Businesses of All Sizes

Posted by Stephen Years on Oct 9, 2019 10:20 AM

According to an article in Insurance Journal, cyber risks are the top concern among businesses of all sizes.

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Topics: Risk Cyber Insurance

NPR's Planet Money Podcast Talks About Cyber Insurance

Posted by Stephen Years on Jul 27, 2019 12:41 PM

On Episode 886 of the Planet Money podcast, titled "The Price Of A Hack," NPR discusses how cyber insurance can help companies mitigate the effects of a data breach.  

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Topics: Data Breach Cyber Insurance Cyber Attack Podcast

Few UK Firms are Cyber Insured Despite Financial Losses

Posted by Stephen Years on Jul 3, 2019 12:49 PM

Some sobering news out of the UK today. Apparently more than one-fifth of UK firms have been impacted financially by cyber attacks, yet more than three-quarters of companies polled have never been insured for cyber-related losses. Another data-point proving that cyber risk is an international problem - especially when we consider how interconnected global business is today. From ComputerWeekly.com:

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Topics: Cyber Security Cyber Insurance Cyber Attack

What is Cyber Insurance and Why You Need It

Posted by Stephen Years on Jun 18, 2019 4:10 PM

Technology, social media and transactions over the Internet play key roles in how most organizations conduct business and reach out to prospective customers today. Those vehicles also serve as gateways to cyberattacks. Whether launched by run-of-the-mill hackers, criminals, insiders or even nation states, cyberattacks are likely to occur and can cause moderate to severe losses for organizations large and small. As part of a risk management plan, organizations routinely must decide which risks to avoid, accept, control or transfer. Transferring risk is where cyber insurance comes into play.

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Topics: Risk Cyber Insurance

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