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Category Archives: Cyber Risk and tagged byod

Cyber Liability: Professionals Beware the Rise of Ransomware

Cyber Liability: Professionals Beware the Rise of RansomwareThe rise of ransomware as a cyber liability threat is underscored in a new Kaspersky Lab report, which revealed a 14% increase in ransomware in the first quarter of 2016. In fact, the company’s Securelist blog stated that ransomware has topped targeted attacks as the “main theme of the quarter.” Additionally, Enigma Software reported that this past April was ransomware’s biggest month ever in the United States, with the number …

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New Cyber Liability Study Reveals Risk Management Trends, Insights

New Cyber Liability Study Reveals Risk Management Trends, InsightsNew Cyber Liability Study Reveals Risk Management Trends, Insights

An insurer-sponsored study conducted of risk managers, insurance buyers, and other risk professionals across an array of industries for 2012 revealed that board members and those in executive management positions are increasingly recognizing the risks of a wide range of cyber exposures. These exposures include lost or stolen data, violation of privacy laws, intellectual property infringement, social media, mobile devices, …

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