Does Your Small Business Need Data Breach Insurance?

Read why Gabrielle Pickard-Whitehead says that even small and medium businesses need data breach cyber insurance on Small Biz Trends : Cyber security breaches cost businesses billions of dollars each year. Breaches in 2016 reached a record peak. Data from the Identity Theft Resource Center reveals in 2016, U.S. businesses and government agencies suffered a record […]

Homeowner’s policy not enough to protect a home-based business

Read why homeowners policy is not enough if you are running a business from home on News Day : While running a home-based business has its perks, it also comes with potential risks that your homeowner’s policy will likely not cover. These can range from slip and fall accidents to exposure from a data breach. Read […]

Small Businesses See Promise in Cyber Insurance

Despite the relatively new nature of cyber insurance policies, small businesses are finding value in their offerings, according to witnesses who testified before the House Small Business Committee on July 26. Read why  Robert Luft of SureFire Innovations says that cyber insurance is a must for small and medium businesses on Meri Talk.

Cyber insurance and security work in tandem to limit risk

As businesses fortify their data and networks against the next cyberattack, some business owners might be considering cyber insurance to limit their exposure to the uncertain and evolving risk of a network or data breach that could disrupt operations. Read how cyber insurance and cyber security can work in tandem to limit risks of cyber […]

Small Business Cybersecurity Insurance Is Vital, House Panel Told

The nascent cybersecurity insurance market can play an important role for smaller businesses, which remain a prime target for hackers and cybercriminals, witnesses and congressmen said at a House Small Business Committee hearing July 26. Read more about the United States House Small Business Committee hearing where the importance of cyber security insurance was discussed […]

Businesses Need Cyber Insurance Against Government: Kroll Executive

The major risk to businesses victimized by cyber breaches is the reputational damage that can follow, damage that often comes from government regulators out to make a name for themselves, according to a former FBI agent who works in the private sector now. Read why Jason Smolanoff of Kroll Associates says that businesses need cyber insurance […]

The Evolution of Industrial Cyber Insurance

Read Lior Frenkel’s article about industrial cyber insurance on Dark Reading : When cybersecurity technology works effectively to reduce damage to industrial control systems, the insurance industry can provide coverage against risks not coverable before. Read his full article here.

4 Key Cybersecurity Insurance Cases To Watch

Read Jeff Sistrunk list four key cyber security insurance cases every business should be watching on Law360 : Businesses both large and small are facing an ever-evolving landscape of threats to their cybersecurity, from infiltration by computer hackers to elaborate criminal schemes designed to trick employees into wiring money to overseas bank accounts. Read his […]

biBERK: Cyberthreats change SMB insurance policies

Read Rakesh Gupta explain how growing cyber threats are changing small and medium businesses insurance policies on Silicon Prairie News : It used to be that small and medium-sized businesses weren’t targeted as often as larger corporations. That’s no longer the case. Today, 62 percent of cyberattacks target small and mid-sized businesses. Read his full […]

Manufacturers Buying More Cyber Insurance

Read Jennifer Baljko explain why manufacturers are buying more cyber insurance to protect from cyber attacks on EBN : Cyber attacks are no longer limited to front office interactions with individual customers. The amount of data now integrated into smart products, manufacturing equipment and other machines that keep operations running is a sweet temptation for […]