Industry Segments: Cyber Page 12 / 14
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- October 20 2017
Indian insurers told to run cyber security audits
The regulator has asked for immediate security audits after reports of cyber attacks targeting financial institutions.
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- October 17 2017
AIG launches Hong Kong cyber products
The insurer is targeting cyber insurance growth as policy requests rise 87% following WannaCry and NotPetya cyber attacks.
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- September 5 2017
Chubb appoints two Asia-Pacific cyber executives
Andrew Taylor in Sydney and John DePeters in Singapore take up new regional cyber underwriting roles
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- September 1 2017
Banks turn to insurance for cyber attack cover
Banks are finding ways to shield their businesses from operational risks by considering insurance coverage.
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- August 17 2017
Harness captives responsibly, says Bank Negara governor
Muhammad Ibrahim said captives must be seen as supporting and contributing to broader economic transformation and growth.
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- August 11 2017
Asian boards need to take responsibility for cyber
Cybersecurity is too important an issue for senior executives and company boards to ignore.
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- July 25 2017
Only 10% of Asian firms prepared for cyberattacks
Businesses in the region are ill-equipped against and not covered for cyber attacks, says QBE survey.
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- July 25 2017
XL Catlin launches cyber policy in Asia
The solution is designed to protect businesses from malicious network compromise and data breach.
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- July 18 2017
Asia ill-prepared against cyber attacks, says Lloyd’s
Lloyd's risk modeling platform Cyence says losses from cloud service disruption could reach US$53 billion in an extreme case.
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- July 4 2017
Mitsui & Tokio Marine to cover bitcoin trades
Two Japanese insurers are set to offer compensation for failed virtual currency transactions.
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- June 29 2017
Businesses need to better prepare for cyber attacks, says Lloyd’s
Businesses could face a much higher bill than they are ready for after falling victim to a cyber attack.
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- June 27 2017
Cyber coverage surges in Japan as attacks rise
Mitsui Sumitomo said its cyber insurance policy sales have increased by 250%.
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- June 16 2017
Singapore firms ill-equipped against business liability
Most local companies are not prepared for the potential damage, according to results of a survey launched by QBE.
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- June 7 2017
Hong Kong’s Astri expands cyber coverage to insurers
The Applied Science and Technology Research Institute is in talks to provide an insurance cybersecurity network.
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- June 5 2017
Tokio Marine partners with Silicon Valley cyber specialist
The Japanese insurer hopes to attract more buyers of cyber insurance by partnering with Cyence.
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- May 24 2017
WannaCry hit Asia hard but won’t boost cyber policies
Companies that haven’t taken basic security measures aren’t about to start buying insurance.
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- May 18 2017
Ransomware attack spurs rise in cyber demand
Companies and governments are now looking for cyber cover after last week’s WannaCry ransomware attack.
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- May 16 2017
Many firms outside US fail in cyber protection
The ransomware worm that caused worldwide damage exposed many companies’ failure to take cyber security seriously.
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- May 12 2017
Cyber premiums to triple in four years
Global insurance companies consider coverage against hackers as one of the most promising markets.
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- May 5 2017
Cyber confusion
A recent case against an insurer in the US highlights how confusing some policy wording can be.
