Oct 29, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
The cyber insurance market is rapidly maturing and there are many reasons for this. Companies are increasingly leveraging technology to expand or streamline their businesses, remote work is seeing wide-scale adoption, cybercrime is inflicting trillions of dollars in...
Oct 22, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
In today’s always-on, always-connected economy, businesses are under pressure to enhance their cybersecurity strategy and prove to their customers that data protection is critical to their engagement strategy. By Michel Nader, senior regional director: data protection...
Oct 15, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
During the Covid-19 crisis, another outbreak has happened in cyberspace: a digital pandemic driven by ransomware. Malware attacks that encrypt company data and systems and demand a ransom payment for release are surging globally. The increasing frequency and severity...
Oct 8, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Of the Airmic members who buy cyber insurance and have had a claim, all claims relate to a ransomware attack and all claims have been met, according to the latest Pulse Survey on insurance market conditions from UK risk management association Airmic. Other key...
Oct 1, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
How do brokers outperform direct insurers in this new risk-rife world? A global pandemic. A worldwide upward trend of natural disasters. Political factionalism and unrest. Risks for individuals and businesses are increasing by the day. In this climate, clients...
Sep 25, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Ransomware attacks have massively increased since the start of lockdown. Here’s what you need to know to protect your company. When hackers targeted Transnet’s computer systems in late July this year, logistics at major ports ground to a near-halt for the second time...