Canadian Underwriter

manager pushing open virtual lock to initiate a rapid grab-and-go response.
News Insurance

What’s the state of the cyber market these days?

June 17, 2021 by Adam Malik

A lack of scrutiny around the risk being taken on and a flawed claims process bit the cyber insurance market hard, especially over the last year, according to experts in the field. Now, they added, there are signs that insurers

News Insurance

Why clients are still forking over ransomware demands

June 4, 2021 by Adam Malik

Clients are still indeed paying ransomware demands, despite a report to the contrary, because the threat of having sensitive data exposed is very much a concern, according to a pair of cyber insurance experts. Their comments come following a report

News Insurance

Latest cyberattacks on insurers ‘a wakeup call’ to shore up security

April 26, 2021 by Adam Malik

With a new cyberattack focused specifically on the insurance industry, a cyber expert is urging insurance companies need to up their security game in order to protect themselves and their customers. Otherwise, insurers could be on the hook for a

News Insurance

Watch out insurers: You’re in the crosshairs of a new form of cyberattack

April 20, 2021 by Adam Malik

Insurance companies are in the crosshairs of a new set of cyberattacks, prompting a cyber leader to ring alarm bells for Canadian insurers. The vulnerability lies in the P&C industry wanting to make life easier for consumers, explained Matt Cullina,