Barry Rabkin’s Post

United States Cyber Insurance Market Report by Component, Insurance Type, End Use Industry, and Region 2023-2028 Explore Full Report: https://lnkd.in/edtB-cyK The market in the United States is primarily driven by the escalating number of cyber threats, compelling organizations to seek financial protection against potentially devastating cyber incidents. #UnitedStatesCyberInsuranceMarket #markettrends #marketresearch #marketreport #marketforecast #marketanalysis

In an evolving sector with ever-present threats, it is imperative that brokers fortify their clients’ coverage with the best and most robust cyber insurance policies.  Insurance Business’ 5-Star Cyber providers have set the gold standard for UK cyber insurance companies operating in a rapidly changing market that offer their clients unrivaled peace of mind and security.  Access the full report and get to know the cyber carriers that developed some of the most comprehensive cyber policies on the market this year. https://hubs.la/Q02m3W340

Ian Summerfield, Head of Cyber, speaks about how brokers and providers must work together to move the dial of SME cyber insurance in the recent Insurance Age blog. "Hard to believe it’s 10 years since the UK government launched ‘Cyber Essentials’ in its bid to help organisations protect themselves against the rising scourge of cyber attacks. In the decade since, insurance-led efforts have massively ramped up, with specialist providers investing heavily in customer-focused risk identification, mitigation and management solutions, as well as risk transfer." Read more on what Ian had to say here: https://lnkd.in/eV5ZPZEy #CyberInsurance #CyberResillience #PenUnderwriting

Cyber threats don’t take a summer break! 👾 During summer, many businesses operate with fewer staff, increasing vulnerability to cyber attacks. Every piece of unguarded data, from website content to customer records, could be at risk. Can you afford to let your guard down? Understand and minimise potential cyber exposures with the right cyber-liability coverage. Learn more about protecting your business with Cyber Liability Insurance - https://lnkd.in/eSbXDgDb #CyberSecurity #CyberRisk #DataProtection #BusinessRisk #CyberLiability #Insurance #InsuranceBroker

Has your business fallen victim to a cyber attack? In today's digital age, businesses face ever-changing cyber risks that can wreak havoc on their operations. The threat is constantly shifting from data breaches to ransomware attacks, leaving business owners vulnerable to financial losses and reputational damage. Cyber insurance offers a safety net providing coverage for cyber attacks. In this guide, we delve into the difficulties of business cyber insurance claims, equipping business owners with the knowledge they need. Cyber Insurance Claims can often be very complex and time-consuming. We have an experienced specialist team on hand ready to discuss how we can help you. Follow the below link for further help and assistance or call now - 0333 2101 999 https://lnkd.in/eNRaCmtG #CyberInsuranceCrime #Cyberattacks #CyberCrime #CyberInsuranceClaim #CyberClaimAssistance #CommercialInsuranceClaimsManagement #OakleafeClaims #OakleafeClaimsScotland #OakleafeClaimsWales #OakleafeClaimsNorthernIreland #OakleafeClaimsMidlands

ANOTHER CONTROL SET?!! The National Credit Union Administration (NCUA) recently announced the launch of a new information security exam aimed at helping credit unions better protect their data and assets. The exam is intended to help credit unions identify and eliminate information security vulnerabilities before they become a problem. The NCUA hopes that by using this new set of exam controls, credit unions will be better prepared to protect their data and assets from malicious attacks. Credit unions are encouraged to take advantage of this opportunity to bolster their information security practices and become more resilient against cyber threats. How can Rivial Help?    We have built these controls into the Rivial Platform with all required evidence items pre-mapped to each SCEUP, Core, and Core+ control. Assigning and tracking these items will be a matter of minutes not hours and ease the transition to new controls. #Rivialsecured #continuouscompliance #proactivecybersecurity #wecanhelp https://lnkd.in/gtiJXgxu

These days, the average cyber breach costs millions of dollars. The increased sophistication and ubiquity of cyber attacks has created a need for businesses to carefully consider a cyber insurance policy to help mitigate their risks. Many policies provide coverage for losses directly impacting the policyholder and losses suffered by others as a result of the policyholder’s cyber incident. Read Evan Schwartz’s recent blog to learn more about what cyber insurance covers and how your business can benefit from it: https://bit.ly/3QjthoB #cyberinsurance #cyberattacks #newyorkinsurancelawyer

For cyber insurance buyers, brokers and insurers, it's hard to know whether cyber insurance markets will continue to improve or shift abruptly due to dynamic, expanding cyber threats. Here are our WTW predictions. What do you think? https://ow.ly/s9vx50QgP1P #RiskManagement #CyberRisk #ASmarterWayToRisk #WTWPerspective #cyberinsurance

As #cyberisks become increasingly complex, the cyber insurance market is experiencing a more competitive rate environment in 2023. Munich Re US’ Miguel Canals, Senior Cyber Underwriter shares his outlook on the evolving risk landscape and loss trends impacting carriers’ strategy. Learn more: https://ow.ly/Q1R050POlgm #CyberAwarenessMonth #MunichReUS #CyberInsurance #RiskManagement

In the insurance industry, cyber risk headlines are dominated by rising ransomware activity and soaring global data breach costs. The increased ransomware activity has affected all industry segments, leading to notable changes in the cyber insurance market. Pared-back coverage, increased pricing, and limited capacity are some of the key trends. However, another important but less discussed exposure point is the growing IT asset disposition (ITAD) and secure shipping industry, which poses data breach risks. Stay informed and protected with Resource 1 Tier 3 Data! #CyberRisk #ITAD 🛡️🔒