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Current Cyber Threats and Market Update - INSUREtrust

Current Cyber Threats and Market Update

Current Cyber Threats and Market Update


Cyber policies from various carriers are widely different products that make it nearly impossible for the average buyer to effectively compare.

Industries most frequently breached are healthcare, higher education, and financial services. But all companies have email, and that is sensitive information too.

One current concern of underwriters is how to deal with a scenario where a cloud vendor is breached that houses the data of multiple insureds.

By | 2015-09-17T13:51:55+00:00 September 16th, 2015|Cyber Threat|Comments Off on Current Cyber Threats and Market Update

About the Author:

Steve Haase, president of INSUREtrust, has 25 years of experience in risk management and insurance and B.A. and M.S. degrees in risk management and insurance from Georgia State University. He also holds CPCU and ARM designations. He is a frequent speaker at industry events on e-business risk management. In 1997 he launched the first insurance product focused on “breach of security” exposures for companies doing business over the Internet. This initiative eventually became INSUREtrust LLC, a leading cyber liability wholesaler in Norcross, Ga.