Posts Tagged ‘cyber’



March 19th, 2019

Global Cyber Terrorism Incidents on the Rise

Posted at 1:00 AM ET

cyber-handbook-cover-image-smallThe nature of the terrorism threat facing society has changed considerably in the last 20 years. Previously, governments and (re)insurers structured their mitigation strategies and responses to deal with attacks that were large in scale. Continue reading…

March 12th, 2019

MMC Cyber Risk Handbook 2019

Posted at 1:00 AM ET

cyber-handbook-cover-image-smallCyber risk is a critical concern for business leaders. According to the World Economic Forum’s 2018 Executive Opinion Survey of more than 12,500 executives, large cyber-attacks are ranked as the #1 risk for doing business virtually across all advanced economies. As companies develop their approach to this dynamic and challenging threat in 2019, there are some emerging trends that they should consider.

Continue reading…

February 25th, 2019

GC Videocast - 2019 Cyber Landscape: New Regulations, Risks and Management Expectations

Posted at 1:00 AM ET

Cyber Practices experts at Guy Carpenter’s affiliate, Marsh, held a video webcast to look at how changing cyber risk exposures, regulations and best practices will change the cyber risk management landscape in 2019. Continue reading…

January 3rd, 2019

Cyberattacks Top Risk to Doing Business in India

Posted at 1:00 AM ET

14shades_thumbnailA growing dependency on data and digitization efforts have increased the risks of cyberattacks in India, says the report 14 Shades of Risk In Asia-Pacific: Evolving Risk Concerns in Asia-Pacific by Marsh & McLennan Companies’ Asia-Pacific Risk Center.

Continue reading…

December 24th, 2018

The Dangers Lurking in the Union between Construction and Emerging Tech

Posted at 1:00 AM ET

adrian_pellan_hsAdrian Pellen, Infrastructure Segment Leader, U.S. and Canada Construction Practice at Marsh

Contact

Technology startups geared toward the construction industry are booming. Contractors are adopting wearable tech to prevent and mitigate worker injuries and using 3D printing technologies for building components. The industry has seen a proliferation of building information modeling to foster digital collaboration between architects, engineers and contractors.

Continue reading…

December 20th, 2018

Affirmative versus Silent Cyber: An Overview

Posted at 1:00 AM ET

While the current debate over “affirmative” versus “non-affirmative” coverage has been ongoing for a few years, WannaCry and Petya/NotPetya cyberattacks helped make the issue of ”silent cyber” more critical. These two 2017 cyberattacks effectively shifted the conversation from data breach, notification costs and third-party liability to first-party liability insuring agreements due to the extent and expanse of the systematic, large-scale damages they triggered.

Continue reading…

December 17th, 2018

Global Insurance Prices Rise for Fourth Consecutive Quarter

Posted at 1:00 AM ET

dean_kisura_hsDean M. Klisura President, Global Placement and Specialties, Marsh

Contact

Trends in property and financial and professional lines of coverage drove average commercial insurance prices higher for the fourth consecutive quarter, according to the most recent Marsh Global Insurance Market Index. Global commercial insurance prices tracked in the index rose, on average, more than one percentage point in the third quarter of 2018.

Continue reading…

December 13th, 2018

Europe Experienced Increased Cyberattacks in the First Half of 2018

Posted at 1:00 AM ET

banner-image_editedhmj-500x500Estimates suggest that the number of cyberattacks across Europe increased by around a third in the first quarter of 2018, compared to the same period last year, according to the recent World Economic Forum (WEF) report Regional Risks for Doing Business 2018.

Continue reading…

December 6th, 2018

Cyberattacks Emerge as Leading Risk in East Asia and the Pacific

Posted at 1:00 AM ET

herde_thomasCyberattacks are the leading risk to doing business across East Asia and the Pacific, according to the recent World Economic Forum (WEF) report Regional Risks for Doing Business 2018.

The WEF study surveyed about 12,500 executives across 140 countries on the five biggest risks to doing business in their respective countries over the next 10 years. In Asia Pacific, cyberattacks topped the list in Indonesia, Japan and Singapore. The prominence of cyberattacks as a concern among the region’s businesses reflects the rapid pace of digitization and the increasing sophistication of the region’s economies, the study says.

Continue reading…