Tags insurance

Ransomware demands are up more than 500%, the latest concern for insurers

by Jeff Stone • 2 days ago

The figures published by Allianz represent the latest glimpse into how ransomware attacks are becoming exponentially more expensive.

White House cyber summit with private sector nets impressive gains, but points to considerable work needed ahead

by Tim Starks • 2 months ago

"A couple folks have struggled with the idea that we're going to pat companies on the back for doing things they should already be doing," said one observer.

Apple, JPMorgan Chase bosses among industry heads set to gather at White House for cyber 'call to action'

by Tim Starks • 2 months ago

The administration expects to make "concrete announcements" about tackling root causes of cyberattacks, a senior official said.

Cyber insurance market encounters ‘crisis moment’ as ransomware costs pile up

by Tim Starks • 2 months ago

The woes within the industry could mean significant ramifications for policyholders.

Japan's Tokio Marine is the latest insurer to be victimized by ransomware

by Tim Starks • 2 months ago

It's the third to announce a successful attack since March.

Two cyber insurance industry initiatives grapple with rise of ransomware

by Tim Starks • 3 months ago

CyberAcuView and the APCIA are two different answers to a phenomenon rocking the cyber insurance industry.

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