by AIP Online Bureau | Jun 6, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Technology
Shay Simkin, Global Head of Cyber, Howden, commented: “Market conditions remain difficult, but two potential tailwinds may help companies and insurance carriers as this year progresses. The first is off the back of more favourable ransomware trends following...
by AIP Online Bureau | Apr 28, 2022 | Intermediaries, International News, Non-Life, Reinsurance
Globally, cyber insurance pricing continues to show significant rate increases — 110% in the US and 102% in the UK for the quarter London: Insurance pricing in the first quarter of 2022 in Asia increased 3%, down from 4% in the prior quarter, as price increases...
by AIP Online Bureau | Apr 4, 2022 | Indian News, Risk Management, Technology
Union Minister of Information Technology Ashwini Vaishnaw said this problem can be tackled by legal strategy, technology, organisations, capacity building and mutual cooperation Speaking on legal strategy to counter cyber crimes, Vaishnaw said the country needs to...
by AIP Online Bureau | Mar 3, 2022 | Eco/Invest/Demography, International News, Policy, Technology
Russia will treat any hacking of its satellites as a justification for war, the head of the country’s space agency was quoted as saying in a news report on Wednesday Roscosmos head Dmitry Rogozin denied media reports that Russian satellite control centres have...
by AIP Online Bureau | Feb 11, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology
Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge in cyber-crime that has prompted a global effort to stop it, according to a new report from Chainalysis Inc Hackers have adopted advanced...
