Are insurers getting cold feet over covering losses to ransomware? With claims due to ransomware skyrocketing, some insurers have reportedly been revising offerings to make it tougher for companies to claim for some types of cybercrime, including extortion.
The financial risks to organizations from data breaches come from a variety of angles, from share price hits to class-action lawsuits to fines from regulators to reputational damage. As a result, the insurance industry has jumped full steam ahead into cyber. Larger insurers are already helping companies spot and...
There are many faces of fraud in the insurance market - using stolen identities to obtain a new policy - or just as troubling, an account takeover to make a false claim or change payee information to receive claim funds. And when fraud hits, it hurts everyone in the pool.
At the same time, the insurance industry...
The financial risks to organizations from data breaches include share price hits, class action lawsuits, fines from regulators and reputational damage. As a result, the cyber insurance market is heating up. Larger insurers are already helping companies spot and mitigate weaknesses as part of their coverage and helping...
The financial risks to organizations from data breaches come from a variety of angles, from share price hits to class-action lawsuits to fines from regulators to reputational damage. As such, the insurance industry has jumped full steam into cyber. Larger insurers are already helping companies spot and mitigate...
The financial risks to organizations from data breaches come from a variety of angles, from share price hits to class-action lawsuits to fines from regulators to reputational damage. As such, the insurance industry has jumped full steam into cyber. Larger insurers are already helping companies spot and mitigate...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing ransomware.databreachtoday.com, you agree to our use of cookies.
