Location, energy sources and data protection are among some of the risk factors businesses need to consider when selecting a supplier, according to QBE North America, an operating division of global insurer QBE Insurance Group Limited. The insurer released a …
U.S. businesses focused on addressing crisis management in the event of an on premise terrorist attack may be leaving their information systems vulnerable to a cyber attack. According to The Global Risks Report 2016, compiled through a strategic partnership between …
Organizations experiencing data breaches are judged by their employees as lacking a learning culture and failing to put the customer at the center of business activity, according to a new analysis from global advisory, broking and solutions company Willis Towers …
AIR Releases Industry’s First Open Source Cyber Scenario Catastrophe modeling firm AIR Worldwide announced it has released the industry’s first open source deterministic cyber risk scenario. AIR plans to release a series of deterministic cyber scenarios over the next 12 …
Cyber risk is just one of the factors impacting errors and omissions claims, according to panelists at the American Bar Association’s annual Tort Trial & Insurance Practice Section’s Insurance Coverage Litigation Committee. Because of a convergence of new risks facing …
More people than ever are concerned about cyber threats, according to the latest Consumer Risk Index released by Travelers. The third annual index of 1,029 survey respondents found that cyber-related concerns grew by more than 20 percentage points from last …
Cyber, technology and casualty catastrophe and reserving are three key risks affecting property/casualty insurers that continue to emerge, according to Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies. In a new report published this month, …
A cyber attack on the U.S. power grid in the Northeast would have far-reaching implications including the loss of lives, economic losses of as much as a trillion dollars, the disruption of water supplies and transportation, and potentially more than …
Cyber risks, medical cost inflation, and legal liability are among the top concerns for American businesses of all sizes, according to results from the second annual Travelers Business Risk Index. The survey polled more than 1,200 business decision makers across …
Cyber attacks and data breach triggers are changing as are the risk management strategies to address them, according to ACE Group. The company released the changes and their impact on forensics costs. “Our claims and underwriting data demonstrates that the …