Cyber liability insurance helps states manage breach costs, strengthen procurement decisions and maintain essential services.
In 2024, the U.S. Small Business Administration warned small businesses and entrepreneurs to stay aware of cybersecurity threats due to the impact on their bottom line (and resiliency). Cybersecurity ...
Artificial intelligence is creating a new category of enterprise risk that spans cybersecurity, privacy violations, misinformation, and professional liability. But can those risks actually be insured?
Managing general agents (MGAs) underwrite and administer insurance policies on behalf of insurance companies. Just as a broker serves as an intermediary between the buyer and the insurer, the MGA acts ...
Cybersecurity incidents and cybercrime are on the rise in every sector of industry and against businesses and organizations of all sizes. In connection with the increase in the number of incidents and ...
In today’s rapidly evolving digital ecosystem, businesses face unprecedented levels of cyber risk. As companies continue to digitise operations, the chances of falling victim to cybercrime have ...
Hackers are aggressively targeting small and medium-sized businesses: One in every three SMBs was hit with ransomware in 2024, according to research from Microsoft. The luckiest businesses will never ...
As we prepare to close the books on another eventful year in the cyber and privacy space, Wiley’s cyber insurance team is already making predictions for 2025. Q: So, let’s get right into it – based on ...
It is not news that cyberattacks are considered a top global concern. In 2024, the average financial cost of cyber incidents worldwide was $4.88 million. In the US, the average was even higher: $9.36 ...
Ben Tercha is COO at Omega Systems, an award-winning managed IT services provider (MSP) and managed security service provider (MSSP). Many leaders still assume cyber insurance exists to absorb risk ...
Most IT teams don’t spend much time thinking about their cyber insurance until they need to use it. In fairness, it wasn’t necessary until recently. Now it’s time to take a closer look.Coalition’s ...
Cyber risk hasn’t just grown, but has changed shape. US internet crime losses reached approximately $16.1 billion in 2024, ...