Cybersecurity

Cybersecurity Tops Business Concerns, Boosts Insurance Uptake
Regulatory & Compliance Cybersecurity Tops Business Concerns, Boosts Insurance Uptake

In recent years, cybersecurity has surged to the forefront of business leaders' concerns, surpassing previous top issues such as medical cost inflation. This shift is prominently highlighted in the latest Travelers Risk Index, which offers a comprehensive look at prevalent business risks. Business

Financial Impact of Insecure APIs and Bot Attacks on Global Businesses
Regulatory & Compliance Financial Impact of Insecure APIs and Bot Attacks on Global Businesses

The growing complexity and scope of API ecosystems, coupled with ever-sophisticated bot attacks, have placed global businesses in a precarious position. According to a recent report titled "Economic Impact of API and Bot Attacks" by Thales, the financial toll of these cybersecurity issues is

Future Trends in Italian Insurance: Digital and Regulatory Shifts
Regulatory & Compliance Future Trends in Italian Insurance: Digital and Regulatory Shifts

The landscape of the Italian insurance industry is undergoing significant transformations, driven by rapid digital advancements and evolving regulatory frameworks. The convergence of these factors is reshaping how insurers operate, interact with customers, and comply with a complex web of local and

KYND Named Top Insurtech for Innovating Cyber Risk Detection and Analysis
Regulatory & Compliance KYND Named Top Insurtech for Innovating Cyber Risk Detection and Analysis

In a world where cyber threats are becoming increasingly sophisticated, KYND has emerged as a beacon of innovation and efficiency. Founded in 2017, KYND specializes in helping cyber insurers and brokers assess and manage their cyber risk profiles. The company's mission is to demystify complex cyber

Can Singapore's New Scam Bill Effectively Combat Online Fraud?
Regulatory & Compliance Can Singapore's New Scam Bill Effectively Combat Online Fraud?

As the world continues to digitalize, the prevalence and complexity of online scams have surged, posing significant threats to individuals and financial institutions alike. In response, Singapore’s Ministry of Home Affairs (MHA) has introduced the Protection from Scams Bill. This legislation aims

How Will Rhode Island's New Law Affect Insurers' Data Privacy Practices?
Data Analytics How Will Rhode Island's New Law Affect Insurers' Data Privacy Practices?

Rhode Island is taking a significant step towards enhancing cybersecurity in the insurance sector with a new data privacy law set to take effect on January 1, 2025. This landmark legislation requires insurers to establish and maintain a comprehensive written information security program, which must

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