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Independent Agent Magazine

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Average Cost of a Data Breach Reaches All-Time High, says IBM Reporthttps://www.iamagazine.com/news/average-cost-of-a-data-breach-reaches-all-time-high-says-ibm-reportAverage Cost of a Data Breach Reaches All-Time High, says IBM ReportThe 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 AMCyber LiabilityCyber Liability In the NewsNewsOlivia Overman
Commercial Property Insurance Prices Rise Again, Cyber Moderateshttps://www.iamagazine.com/news/commercial-property-insurance-prices-rise-again-cyber-moderatesCommercial Property Insurance Prices Rise Again, Cyber ModeratesThe 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 AMCommercial LinesCommercial Lines Cyber LiabilityNewsAnneMarie 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_1Crime 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 AMCyber LiabilityCyber Liability TechnologyMarketsPatrick 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-overlapCrime 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 AMCyber LiabilityCyber LiabilityMarketsPatrick Mitchell
1,900 New Cyber Vulnerabilities Each Month in 2023, Says Coalitionhttps://www.iamagazine.com/markets/1-900-new-cyber-vulnerabilities-each-month-in-2023-says-coalition1,900 New Cyber Vulnerabilities Each Month in 2023, Says CoalitionThere has been a 13% increase in average monthly common vulnerabilities and exposures (CVEs) from 2022 to 2023.2/22/2023 5:00:00 AMCyber LiabilityCyber LiabilityMarketsAnn Seaberg
AXIS Launches Streamlined Cyber and Liability Policyhttps://www.iamagazine.com/markets/axis-launches-streamlined-cyber-and-liability-policyAXIS Launches Streamlined Cyber and Liability PolicyThe 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 AMCyber LiabilityCyber LiabilityMarketsWill Jones