Subscribe to Insights Newsletter It happened again. According to the Texas Department of Information Resources, on August 16, 2019 twenty-two Texas towns were simultaneously targeted by a coordinated ransomware attack. While the vast majority of the towns hit were small local governments, this incident sheds light on a popular misconception in today’s society: Cyber thieves only target large enterprises. This unprecedented attack also begs the question, will we see a new trend where smaller firms are extorted in a “bundled package?” Cyber Incidents by the Numbers Aviation disasters and cyber breaches share one common thread — large catastrophic events tend to dominate headlines. According to the National Transportation Safety Board, out of the 350 U.S. aviation fatalities in 2017, none were attributed ...
Cyber risk has become as ubiquitous within the American lexicon as apple pie, yet few truly understand it or even worse how truly exposed to it they are. Over the past few years insurance brokers and firms have done a great deal of work to raise the visibility of programs to combat cyber risk, particularly cyber insurance. This rush to market by carriers, coupled with the ever-increasing rate of cyber-attacks, has created a lot of misinformation and myths around how cyber insurance should be utilized. Myth 1 | All cyber insurance programs are the same. This is probably one of the biggest myths out there. Insurers trying to capitalize on this growing market segment were quick to develop programs. This ...
Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk. Subscribe to Insights In this episode of Risk Matters, we are going to do a “deeper dive” on some of the thought leadership and concepts we’ve developed at Risk Cooperative. Today, we discuss the need to have your insurance coverage reviewed periodically to avoid costly coverage gaps. YOU MIGHT ALSO BE INTERESTED IN: Insurance Solutions Risk Benchmarking
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In this episode of Risk Matters, we are going to do a “deeper dive” on some of the thought leadership and concepts we’ve developed at Risk Cooperative.
Today, we discuss dangerous misunderstandings about cybersecurity, which Risk Cooperative has also written about in 5 Cyber Insurance Myths.
YOU MIGHT ALSO BE INTERESTED IN: Cyber Insurance Cyber Risk Mitigation
Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk. Subscribe to ...
Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk. Subscribe to Insights Risk Matters, broadcast monthly from Risk Cooperative will answer 3 key questions: 1) What is keeping us awake at night? 2) Why does it matter? 3) What can be done about it? YOU MIGHT ALSO BE INTERESTED IN: Comprehensive Benefits Enterprise Risk Management
Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk. Subscribe to Insights Risk Matters, broadcast monthly from Risk Cooperative will answer 3 key questions: 1) What is keeping us awake at night? 2) Why does it matter? 3) What can be done about it? YOU MIGHT ALSO BE INTERESTED IN: Cyber Insurance Cyber Risk Mitigation
Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk. Subscribe to Insights Risk Matters, broadcast monthly from Risk Cooperative will answer 3 key questions: 1) What is keeping us awake at night? 2) Why does it matter? 3) What can be done about it? YOU MIGHT ALSO BE INTERESTED IN: Cyber Insurance Cyber Risk Mitigation