Tag Archives: Privacy & Network Security insurance

Cyber Trends: Growing Demand for Coverage in Professional Services

Cyber Trends Growing Demand for Coverage in Professional Services

A number of trends and shifts in Cyber Liability Insurance, a much-needed insurance solution, were cited in the survey’s recent report:

  • There is an increasing demand for cyber insurance coverage in sectors beyond healthcare, retail, and financial institutions, such as professional services.
  • There have been shifts in the factors driving cyber sales, especially as more third parties are requiring the coverage.
  • The importance of first-party coverage is changing as new
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External Cyber Security Risks Gain Traction Over Internal Threats

External Cyber Security Risks Gain Traction Over Internal ThreatsHackers, Criminal Syndicates, State-Sponsored Attackers Top Cyber Threats

A new report recently issued by Ernst & Young LLP (EY) reveals that companies increasingly view external cyber security risks as a likely source of threat. This is a shift in viewpoint over previous years when insider threats were seen as the biggest risk. Mind you, employees are still viewed as a significant risk to cyber security but, according to the report, …

Posted in Cyber Crime Protection, Cyber Liability, Cyber Security, Data Breaches, Privacy & Network Security insurance | Also tagged , , , , Comments Off on External Cyber Security Risks Gain Traction Over Internal Threats
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