Average Cost of a Data Breach Reaches All-Time High, says IBM Report | | https://www.iamagazine.com/news/average-cost-of-a-data-breach-reaches-all-time-high-says-ibm-report | Average Cost of a Data Breach Reaches All-Time High, says IBM Report | The global average breach cost reached $4.45 million, with detection and escalation the most expensive component—indicating a shift toward more extended and complex investigations. | 8/10/2023 4:00:00 AM | Cyber Liability | Cyber Liability
In the News | News | Olivia Overman | | |
Commercial Property Insurance Prices Rise Again, Cyber Moderates | | https://www.iamagazine.com/news/commercial-property-insurance-prices-rise-again-cyber-moderates | Commercial Property Insurance Prices Rise Again, Cyber Moderates | The aggregate price change for lines of U.S. commercial insurance was up 5.6% for the first quarter, compared to the 4.8% increase in the fourth quarter of 2022. | 6/22/2023 10:05:00 AM | Commercial Lines | Commercial Lines
Cyber Liability | News | AnneMarie McPherson Spears | | |
Crime Insurance vs. Cyber Insurance: What’s Covered and Where Do They Overlap? | | https://www.iamagazine.com/markets/crime-insurance-vs-cyber-insurance-what-s-covered-and-where-do-they-overlap_1 | Crime Insurance vs. Cyber Insurance: What’s Covered and Where Do They Overlap? | As lines blur between digital and real-life risks, here are examples of losses that each policy covers and why organizations should obtain the broadest protection possible. | 6/5/2023 10:15:00 AM | Cyber Liability | Cyber Liability
Technology | Markets | Patrick Mitchell | | |
Crime Insurance Vs. Cyber Insurance: What’s Covered and Where Do They Overlap? | | https://www.iamagazine.com/markets/crime-insurance-vs-cyber-insurance-what-s-covered-and-where-do-they-overlap | Crime Insurance Vs. Cyber Insurance: What’s Covered and Where Do They Overlap? | As the lines blur between digital and real-life risks, the best practice for establishing all-around protection and limiting losses is building a robust coverage model that includes both crime insurance and cyber insurance policies. | 5/15/2023 10:05:00 AM | Cyber Liability | Cyber Liability | Markets | Patrick Mitchell | | |
1,900 New Cyber Vulnerabilities Each Month in 2023, Says Coalition | | https://www.iamagazine.com/markets/1-900-new-cyber-vulnerabilities-each-month-in-2023-says-coalition | 1,900 New Cyber Vulnerabilities Each Month in 2023, Says Coalition | There has been a 13% increase in average monthly common vulnerabilities and exposures (CVEs) from 2022 to 2023. | 2/22/2023 5:00:00 AM | Cyber Liability | Cyber Liability | Markets | Ann Seaberg | | |
AXIS Launches Streamlined Cyber and Liability Policy | | https://www.iamagazine.com/markets/axis-launches-streamlined-cyber-and-liability-policy | AXIS Launches Streamlined Cyber and Liability Policy | The new AXIS policy offers custom-built cyber and specialist liability coverage for companies with up to $2 billion in revenue. | 2/6/2023 11:10:00 AM | Cyber Liability | Cyber Liability | Markets | Will Jones | | |