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Insurance

Cyber Attacks on Asian Ports cost $110 Billion

A survey conducted by London firm Lloyd says that the cyberattacks on Asian Ports could cost as much as $110 Billion which is equal...

Cyber Attack on State Farm Insurance

State Farm, an Illinois based Insurance and financial services provider have admitted that its database was victimized by credential stuffing cyber-attack where usernames and...

Simulated Cyber Attack on UK Bike Manufacturer by Hiscox

A simulated cyber attack was launched on UK Bike Manufacturer Brompton Bicycle by Bermuda based insurance company Hiscox. The reason- just to make the...

Cyber Insurance policies are marred by disputes

Cyber Attacks are said to be increasingly causing chaos between corporate companies and the insurance providers, raising questions about the significance of the policies...

Only 38% of UK firms are covered by Cyber Security Insurance

A survey conducted by Ovum on behalf of FICO Insurance claims that only 38% of firms in the United Kingdom have a cybersecurity insurance...

Liberty Insurance of South Africa becomes Cyber Attack Victim

South Africa based insurance company ‘Liberty’ has made it official that it became a victim of the cyber attack on Sunday. But the company’s...

Insurance and cybersecurity, the parallels are clear

This post was originally published here by shaane syed.It’d be awfully nice not to need car insurance. Or homeowners insurance. Or fire insurance. These...

Cyber Insurance saves hospital from $10 million ransomware attack loss

Erin County Medical Center (ECMC) was attacked by ransomware on April 9th of this year. And the hospital was on the verge of experiencing...

Insurance company may pay $275 million for Merck Ransomware Cyber Attack

Drug maker Merck which experienced a ‘NotPetya’ ransomware attack in June this year could get an insurance cover of $275 million from the insurer....

Cyber Insurance market to flourish due to increase in Cyber Attacks

As the political tensions between the United States and North Korea intensify further it is evident that the next world war will be fought...
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