Do cyber underwriters need a new approach?
Large language models (LLMs) such as ChatGPT are not properly helping underwriters, leading one cyber expert to suggest underwriters should ...
Tag: cy-hub
Why companies say ‘No’ to cybercriminals’ ransom demands
While Canadian companies aren’t yet going militant when refusing ransomware payments to cybercriminals, recent stats show ransomware payments are starting ...
Why cyberattacks against your clients doubled over four years
Disruptive and destructive global cyberattacks this year will tally 211 by the end of 2024, more than double the 103 ...
Cyber insurance rates ease, but can insurers keep up with AI risks and protection gaps?
Cyber rates are moderating, even softening, from their historic highs seen in previous years. Yet, a growing protection gap, lack ...
Canadian IT clients aren’t taking AI cybersecurity concerns seriously, report finds
Brokers beware: Canadian IT professionals are more hesitant to implement artificial intelligence (AI) into their cybersecurity plans than the rest ...
Brokers urged to review their own cybersecurity posture
In the effort to make sure clients are protecting themselves against cyberattacks, Canada’s P&C insurance industry should be mindful of ...
How cyber insurance placement is becoming more competitive
Much like D&O insurance, cyber insurance pricing is becoming increasingly competitive, and sources say several niche MGAs are now providing ...
