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We have the privilege of arrogance and stupidity, thanks to the sacrifice of others.
We have the privilege of arrogance and stupidity, thanks to the sacrifice of others. Who we never knew. View Original Post
Cyber Insurance
Accident or not, intentional or not. What do you get when you take an 8,000 ton vessel at 15 knots, and take the bang brakes off.
Accident or not, intentional or not. What do you get when you take an 8,000 ton vessel at 15 knots, and take the bang brakes off. A vessel with allot of forward momentum. Dziekanowski Brian D. McCarthy Faisal KhanVeritas GRC#nationalsecurity…
There’s only one road ahead for cyber insurers and the insured and that’s proactive management of cyber risk.
There’s only one road ahead for cyber insurers and the insured and that’s proactive management of cyber risk.As we discussed with Ryan Buckner of Schellman at Schellman Con yesterday, boards need to take an active position in the oversight and…
It’s getting insurers worried. Corporate litigation in the US is on the rise, with the average award against a corporate defendant in the US rising
It’s getting insurers worried. Corporate litigation in the US is on the rise, with the average award against a corporate defendant in the US rising from $41.7mn in 2023 to $65.7mn in 2024. Companies were levied a total of $40bn…
One is never surprised when one reads about cyber and cyber insurance.
One is never surprised when one reads about cyber and cyber insurance. One only has to read the regulatory ‘tea leaves’ to understand the road ahead for insurers and the insured when it comes to cyber.If third party supplier risk…
It depends upon who you speak to as to the trajectory of cyber insurance claims.
It depends upon who you speak to as to the trajectory of cyber insurance claims. By Trajectory I mean that claims will always be in an upward direction its just a case of how steep the curve is.Every report one…
Left of Bang management of cyber risk is the biggest opportunity for cyber insurances.
Left of Bang management of cyber risk is the biggest opportunity for cyber insurances. All they require is the knowledge of how to do it @Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan Veritas GRC #cybersecurity #cyberriskmanagement ##cyberinsurance View Original Post…
An independent not for profit organisation created by the insurance industry to bring greater transparency and clarity to major cyber events has
An independent not for profit organisation created by the insurance industry to bring greater transparency and clarity to major cyber events has been launched in the UK. The Cyber Monitoring Center (CMC) aim of the CMC is to categorise…
As with NIS2 and other cyber regulations, one expects companies to take notice of cyber when regulators, insurers and courts take notice of
As with NIS2 and other cyber regulations, one expects companies to take notice of cyber when regulators, insurers and courts take notice of compliance.@Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan Veritas GRC #cybersecurity #cyberregulation View Original Post
The insurance industry and Investment manager are waking up to the impact of cyber on risk capital and underwriting risk.
The insurance industry and Investment manager are waking up to the impact of cyber on risk capital and underwriting risk.This weekends going to be one of posts from both on the concerns bring raised on the allocation and management of…