Catastrophic Cyber Risks - A Growing Concern
Cyber criminals have already demonstrated their ability to disrupt supply chains for businesses around the world and cripple critical infrastructure. Meanwhile, the steadily increasing adoption of cyber insurance means that more companies have protection, but also that cyber risk aggregation is expanding for the insurance industry.
To help ensure market stability and provide coverage clarity for our policyholders, Chubb uses two categories to gauge the impact of a cyber event: Limited Impact Events and Widespread Events. But what does this mean for cyber policyholders? Watch the video to find out!
All software applications can include bugs, which cyber criminals can exploit to gain access to an organization’s network. Many losses can be prevented by patching vulnerable software before cyber criminals have an opportunity to exploit it. Watch this video to see how three companies react when alerted of a critical software vulnerability – and the consequences when one fails to apply the available patch and is hacked.
Catastrophic Cyber Risks - A Growing Concern
Cyber services: bridging the gap between insurance and expertise
Cyber ERM: a sustainable approach to insuring a broad array of cyber events
A new approach to address growing cyber risks
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