Feb 25, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
An explosion in costly cyberattacks created a rapidly growing niche business: cyber insurance. The industry generated $8 billion in revenue in 2020. The number may grow to $20 billion by 2025. “Seven or eight years ago, this was never discussed,” said Rob...
Feb 21, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Ransomware as a trend will continue to affect businesses across the world in 2022 – with attack types and tactics from cybercriminals evolving all the time. As attacks get more sophisticated, so do the consequences of falling victim to ransomware and the complexity of...
Feb 11, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
A report by cyber insurer Allianz Global Corporate & Specialty highlights the surge in ransomware incidents, which could be prevented if companies strengthen their cyber security and controls. During the COVID-19 crisis another outbreak has happened in cyber...
Feb 4, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Consumers are justifiably concerned about the impact of Eskom’s demand for a 20% tariff increase, but there’s another factor that could contribute to rising inflation this year: significantly higher Sasria rates on commercial vehicles. Sasria announced its 2022 rates...
Jan 28, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
After two years of unexpected events, how will 2022 stack against what is becoming a much more sophisticated approach to cybercrime? While cloud technology enjoyed an unprecedented increase in its adoption, entire industries were held back after major cyberattacks....
Jan 21, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Globally, more than 10% of Internet user computers experienced at least one malware attack in 2020. Furthermore, in the same year, Kaspersky solutions blocked over 665 million attacks launched from online resources. Meanwhile in Africa, the most recent common...
