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Business interruption insurance moving into IT realm: NetDiligence Cyber Risk Summit speaker

May 3, 2016 Jason Contant, Online Editor

More and more, the conversation surrounding business interruption (BI) is moving from the physical aspect of BI to the information technology side of things, attendees to the NetDiligence Cyber Risk Summit heard on Friday. Miki Ho, senior underwriter in the

News InsuranceProfessional DevelopmentTechnology

Worldwide IoT security spending to reach US$348 million in 2016, up 23.7% from 2015: Gartner

April 26, 2016 by Canadian Underwriter

Worldwide spending on security related to the Internet of Things (IoT) will reach US$348 million in 2016, a 23.7% increase from 2015 spending of US$281.5 million, according to Gartner, Inc. Gartner, an information technology research and advisory company based in

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Success for insurers involves “dramatic” transformation of workforces and cultures for digital world: Accenture study

April 26, 2016 by Canadian Underwriter

Insurers who succeed will “do so by dramatically transforming their workforces and cultures to operate in a digital world,” according to a report released on Tuesday by Accenture, a global professional services company providing a broad range of services and

News InsuranceLegalMergers and AqcuisitionsTechnology

North American workers exhibit risky cloud behavior, study finds

April 14, 2016 by Canadian Underwriter

Enterprise cloud adoption has matured in recent years, but employees using cloud apps continue to display “reckless technology habits” that put their employers at risk, according to a study released on Wednesday by a North American IT solutions and managed

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Cloud technology challenging the notion of what a corporate network is: RIMS speaker

April 13, 2016 Angela Stelmakowich, Editor

SAN DIEGO – Hacktivist-type attacks like those involving Sony Pictures Entertainment and Ashley Madison have gotten very personal and are coming at a time when cloud technology is transforming corporate networks, Brad Gow, senior vice president of Endurance Insurance, said

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Forecasting emerging risks expected to get tougher: Marsh/RIMS report

April 11, 2016 Angela Stelmakowich, Editor

SAN DIEGO – Cyber attacks – once again identified as a top critical business risk – are expected to be a source of emerging risks, but forecasting for all emerging risks could prove more challenging over the next three years,

News InsuranceTechnology

Second U.S. hospital in as many months becomes victim of malware attack

March 31, 2016 by Canadian Underwriter

Just over one month after the president and CEO of a hospital in Los Angeles admitted to paying about US$17,000 to hackers following a ransomware attack, another hospital in the United States has become victim of a malware attack. On