Keyword
cyberattack
Beazley, Munich Re cover cyber risk up to $100 million
April 12, 2016 by Canadian UnderwriterBeazley plc announced Monday it has partnered with Munich Re’s corporate insurance partner to offer tailored cyber insurance. The products will provide coverage of up to US$100 million or 100 million euros, stated Beazley, which manages six syndicates in the…
Significant UK cyberattack could cost billions of pounds in economic losses, study finds
April 12, 2016 by Canadian UnderwriterA significant cyberattack across the United Kingdom’s critical national infrastructure could have “far-reaching and significant economic impacts” for Britain, according to a study carried out by the Cambridge Centre for Risk Studies. The report, titled Integrated Infrastructure: Cyber Resiliency in…
U.S. energy sector sees dramatic rise in successful cyberattacks: study
April 7, 2016 by Canadian UnderwriterTripwire, Inc., a Portland, Oregon-based provider of endpoint detection and response, security, compliance and IT operations solutions for enterprises, service providers and government agencies, has found that more than three-quarters of survey respondents in the energy sector in the United…
ISO to collect cyber insurance data to help mitigate risk related to cyberattacks
April 6, 2016 by Canadian UnderwriterISO, a Verisk Analytics business, announced on Wednesday that it will collect, aggregate and analyze cyber insurance data to help address a major issue facing today’s cyber insurance market: the need for more detailed underwriting and rating information. ISO said…
U.S. Justice Dept. announces charges in dam cyberattack
March 24, 2016 Tami Abdollah and Eric Tucker - THE ASSOCIATED PRESSWASHINGTON – Seven hackers tied to the Iranian government were charged Thursday in a series of punishing cyberattacks on a small dam outside New York City and on dozens of banks – intrusions that reached into American infrastructure and disrupted…