The latest in cyber security and risk news.

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Cybersecurity and EB Plans Q&A
Cyber Watch | Dec. 20, 2018 | Cyber, cyber attacks, Cybersecurity

December 20, 2018 The unpredictability of cyber threats was highlighted in a recent Q&A by the American Institute of Certified Public Accountants (AICPA), where they sought to explore cyber risk

Cyber Insurance: Uncovered
Cyber Watch | Nov. 29, 2018 | Cyber, Cyber Insurance

November 29, 2018 Dovetailing with the discussion of the dangers of data breaches, a federal court in Florida recently ruled that data breach losses are not covered under standard Commercial

CB Insights’ Reports into Data Security and a Cautionary Tale
Cyber Watch | Nov. 29, 2018 | Cyber, cyber attacks, Cyber Insurance, Cybersecurity, Data, data breaches

November 29, 2018 Earlier this month, research firm CB Insights released a report that detailed the rise in cybercrime over the past two years and the simultaneous increase in interest

Summer 2018 Cyber Market Watch Survey Highlights
Cyber Watch | Aug. 2, 2018 | Cyber, Cyber Market Watch Survey

The Council of Insurance Agents & Brokers released its sixth biannual Cyber Market Watch Survey this week. Results were consistent with responses from the first and second halves of 2017: cyber insurance take-up rate remained low at 32 percent, and 89 percent of respondents saw premium pricing stay flat or decrease over the past six months. Respondents also agreed that market capacity was plentiful, and some even noted an increase in capacity due to an influx of insurers moving into the cyber market space.

The Rise of Cyber MGAs
Cyber Watch | Jun. 22, 2018 | Cyber, Cyber Insurance, Cybersecurity

There are a fair number of emerging tech-focused MGA’s supplementing traditional underwriting practices with real-time analytics and using tech-focused approaches for risk management.

Rise of Cyber in Firms’ Earnings Calls
Cyber Watch | May. 3, 2018 | Cyber, cyber attacks, Cyber Insurance, Cybersecurity, Data, data breaches, GDPR

Publicly traded U.S. broker firms are focusing more of their attention to cybersecurity & cyber insurance, as mentions of “cyber” in earnings calls increased in 2017.