Category Archives: Cyber Risks

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Individuals Get Hacked. Insurance coverage Can Assist.

get protected.It’s October – and meaning it’s Nationwide Cybersecurity Consciousness Month. The Nationwide Cyber Safety Alliance has devoted the primary week to creating houses secure from hacking. And for good motive. Households are more and more dwelling linked lives: on social media, in video video games, and thru “good” house know-how like linked thermostats or… Read More »

Cybersecurity insurance growth continues

Cyber insurance remained a fast-growing line in 2017, with package policy premium almost tripling, while standalone premium grew 7 percent*, NAIC data indicate. Packaged cybersecurity policies as measured in quantified and estimated direct premiums written grew from $416.8 million in 2016 to $1.1 billion in 2017. The number of packaged claims made and occurrence policies… Read More »