Cyber Risk Insurance
Ty Sagalow Discussing Cyber Liability and Insurance on C-Span circa 2000
LA Times: Spending on Cyberattack insurance soars, quoting IIG CEO Ty Sagalow
February 9, 2015 (Los Angeles). This LA Times article discusses the increase in cyber insurance due to the hack of Health insurer’s Anthem Inc’s computer system – affecting up to 80 million customers, and similar attacks over the last few years. According to the article “Hackers are wreaking havoc on big organizations, but they’re also […]
Insurance Thought Leadership Speaks with Ty Sagalow on Cyber Risk
Cyber Crime in the News: Responses to Cyber Risk
Cybercrime and Cyber Risk are making headlines. Recently, Federal Prosecutors charged a gang of hackers from Russia and the Ukraine with stealing 160 million credit card numbers from more than a dozen companies. Authorities said it’s “the largest hacking scheme in U.S. history.” Some of the same hackers were accused of computer attacks on Citibank, […]
A Look at Cyber Risk of Financial Institutions
You cannot be a financial institution operating in the 21st Century and not have a cyber risk management plan which includes the purchase of cyber insurance. Overview Of The Risk There were more than 26 million new strains of malware released into circulation in 2011. Such a rate would produce nearly 3,000 new strains of […]
