The digital world is a minefield for insurers at the moment, with giants AXA, CNA Financial, Tokio Marine and Marsh & McLennan suffering cyberattacks in 2021. Against this backdrop, cybersecurity revenues in the insurance sector are set to grow at a compound annual growth rate of more than 10% from $6.4 billion in 2020 to […]
Small-to-medium-sized businesses (SMBs), who have become a favorite target of cybercriminals are concerned about they will meet ransomware demands, according to BlackBerry and Corvus Insurance’s latest cyber insurance report. The survey of 450 business decision makers for IT/security solutions in the U.S. and Canada shows that SMBs are increasingly being targeted, but only 19% have […]
Gartner’s cybersecurity experts gathered in Sydney last week for Gartner’s Security & Risk Management Summit to discuss what security and risk management leaders need to do to be successful in the digital era. Richard Addiscott, Gartner’s senior director analyst, in a statement, “We can’t fall into old habits and try to treat everything the same […]
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