Dec 23, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Since insurance first started centuries ago, premiums have been determined on the basis of client risk profiles, with insurers pooling risk across large numbers of clients to take advantage of the laws of large numbers. It has always been an imperative for insurers to...
Dec 9, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Businesses are not patching cybersecurity vulnerabilities fast enough – and with the volume of cybersecurity incidents increasing, this should be an area of concern for ICT teams. This is a key finding of the Security Navigator 2023 research report from Orange...
Dec 2, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
In 2022, governments fought wars online, businesses were affected by multiple ransomware gangs, and regular users’ data was constantly on hackers’ radar. Marijus Briedis, chief technical officer of NordVPN, comments: “Next year will not be any easier when it comes to...
Nov 25, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Ransomware attacks have not only become more prevalent in the past few years, but they have also become more malicious and vicious. The original attack of encrypting data is now being followed by double extortion, where data that is stolen is threatened to be released...
Nov 18, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
According to a recent Accenture study South Africa reportedly experiences 577 malware attacks per hour resulting in losses of R2,2-billion per year. Cybercrime is undoubtedly one of the most serious risks that businesses today face. In the past, many businesses,...
Nov 11, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Properties in low-risk locations will continue to be insurable on normal terms, while those in higher-risk areas may become increasingly difficult to insure Since insurance first started centuries ago, premiums have been determined on the basis of client risk...