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As Attacks and Costs Mount, Cyber Insurance Rates Climb Further

As Attacks and Costs Mount, Cyber Insurance Rates Climb Further

by Asura Risk Management | Mar 16, 2021 | Uncategorized

Cyber insurance rates are going to increase dramatically in 2021, driven by more frequent and more severe insured losses, according to a recent industry study. The report by global insurance firm Aon plc predicted that rates would jump by 20% to 50% this year due to...
Coverage Disputes Over Online Attacks Grow

Coverage Disputes Over Online Attacks Grow

by Asura Risk Management | Feb 26, 2020 | Uncategorized

A federal court has ruled that an insurer’s professional liability policy must pay out $6 million for a company’s losses from a business e-mail compromise scam, even though the business lacked cyber coverage. The ruling is part of a growing trend of businesses that...
As Cyber Threat Mounts, More Companies Take Measures

As Cyber Threat Mounts, More Companies Take Measures

by Asura Risk Management | Oct 16, 2019 | Uncategorized

As attacks on businesses’ networks continue increasing at unprecedent levels, cyber risks have become the top concern among organizations of all sizes for the first time, according to a new survey. The “Travelers Risk Index” found that 55% of executives surveyed said...

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