Followers of the cyber insurance market over the past two years may be suffering from whiplash—that’s how dramatically the market shifted from 2022 to 2023. A perfect storm of good trends and facts combined to create a soft...more
In our annual Cyber Looking Ahead Guide published in January 2023, we looked at market trends and prognosticated on issues that would impact the cyber insurance market throughout 2023. As we hit the halfway point of the year,...more
After two years of price increases, the cyber insurance market is normalizing as we head into 2023. Insurance carrier loss ratios are healthier now than they have been in the past few years— a result of price increases and a...more
Email scams and viruses are nothing new—threats like phishing emails and malware have been around since the days when services like AOL still dominated the internet and email landscape. However, while technology has made a...more
8/26/2022
/ Cyber Attacks ,
Cyber Insurance ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
Email ,
Hackers ,
Phishing Scams ,
Popular ,
Risk Mitigation ,
Scams
While the early days of cyber insurance were often marked by rapid expansion and low losses, recent years have seen the industry weather a vast increase in not just the number of claims but also the severity. The growing...more
Cyber liability insurance is becoming more ubiquitous, more unpredictable, and in some cases more confusing than ever, which makes understanding your risk even more critical in 2022.
Join Woodruff Sawyer experts Dan Burke,...more
1/19/2022
/ Cyber Attacks ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
Insurance Brokers ,
Insurance Industry ,
Popular ,
Ransomware ,
Risk Management ,
Webinars
1.0 CYBER MARKET UPDATE -
1.1 US Market Update -
To call 2021 anything other than a sea change in the cyber insurance world would be an understatement. Indeed, nearly all cyber insurance renewals saw increases in...more
1/11/2022
/ Board of Directors ,
Commercial Insurance Policies ,
Cyber Attacks ,
Cyber Insurance ,
Cyber Threats ,
Cybersecurity ,
D&O Insurance ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
Ransomware ,
Supply Chain
Cyber attacks continue to be one of the most concerning risks to businesses. COVID-19 is only exacerbating those risks. Add to that the D&O litigation that happens after a cyber event, and you have a recipe for disaster for...more
1/4/2022
/ Board of Directors ,
Corporate Governance ,
Cyber Attacks ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
Incident Response Plans ,
Personally Identifiable Information