Cyber Update
Despite the myriad ways brokers might find themselves vulnerable, there are steps they can take to up their data security.
By Alyssa DiSabatino | September 21, 2023
3 min read
Ransomware claims have transferred mostly from third-party liability claims into first-party liability claims.
By Jason Contant | September 20, 2023
It's been hard for commercial clients to get cyber coverage for more than three years but the market is softening for security savvy firms
By Phil Porado | September 11, 2023
2 min read
The insurance sector in Canada amounted to only 1% of victims, according to the report Baseline cyber threat assessment: Cybercrime.
By Jason Contant | August 31, 2023
Canadian companies are still paying nearly CA$7 million in data breach costs, the third highest in the world, according to IBM.
By Alyssa DiSabatino | August 10, 2023
The U.S. White House has floated the idea of a total ban on ransomware payments, a move that could change the role of a company’s CSIO.
By David Gambrill | August 8, 2023
Following a cyber risk incident, shareholder value decreased by an average 9% for companies in the year following the event.
By Alyssa DiSabatino | August 2, 2023
Personal consumers may be more likely to eat the cost of a cyber scam. Nearly half of Canadians have fallen victim to cyber fraud.
By Alyssa DiSabatino | July 10, 2023
Insights
The largest city in Canada and Ontario’s capital is an international business centre for finance, business, arts, and culture and now has a thriving start-up tech sector and ‘insurtech’ is a fast-growing component. Not many know that Toronto has been ranked fourth in North America in CBRE’s Tech Talent Rankings trailing only the Bay Area, […]
By BOXX | July 1, 2022
4 min read
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