12/12/2017 - In today's increasingly digital landscape, a cyber incident has become a matter of when - not if - for businesses of all sizes and industries.
11/30/2017 - AGCS make two new appointments to expand the UK cyber team.
11/17/2017 - Cyence’s solution works through data collection, data curation, and machine learning, according to Arvind Parthasathari, founder of the company Guidewire acquired in Oct. 2017.
11/2/2017 - Perspectives on the next wave of cyber.
10/25/2017 - The insurance landscape has changed dramatically with the emergence of new technologies and widespread digitization.
10/23/2017 - Insuring against cyber-risk represents a major opportunity for the insurance-linked securities sector, but first there are hurdles to clear.
10/6/2017 - Acquisition will enable Guidewire to provide P&C insurers with cloud-based data listening and risk analytics solution for managing “21st century risks”
10/4/2017 - Cyber risk modelling platform for the insurance sector Cyence has partnered with Allianz Global Corporate & Specialty SE.
10/4/2017 - IN mid-July, insurance market Lloyd’s of London estimated US$53 billion of economic losses in the event of a major, global cyberattack.
10/4/2017 - Insurance company employees wondering where all their bosses are this week should not be worried.
10/4/2017 - Every company should consider buying cyber insurance.
10/2/2017 - Until WannaCry and NotPetya, estimates of ransomware cost and damages were likely overblown. But indications are that companies lost hundreds of millions from these attacks alone.
9/29/2017 - Matt Honea cyber Manager at Cyence, a San Mateo, Calif.-based cyber risk modeler, says insurers can be a catalyst for collecting data on cyber attacks and attempted attacks.
9/29/2017 - The partnership also plans to develop a new model for cyber business interruption risk, to better deliver for clients.
9/29/2017 - Allianz Global Corporate & Specialty (AGCS) has partnered with Cyence of Silicon Valley to improve its global cyber risk analysis capabilities.
9/29/2017 - American International Group, Inc. announced it’s plan to make changes to its organizational structure.
9/28/2017 - Allianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, has teamed up with Silicon Valley-based cyber risk analytics and modeling firm Cyence to boost its global cyber risk analysis capabilities.
9/27/2017 - Allianz Global Corporate & Specialty SE is turning to Silicon Valley startup Cyence an effort to boost its ability to perform global cyber risk analysis in multiple ways.
9/27/2017 - AGCS adopts cyber analytics platform, developing predictive modelling tool
9/27/2017 - Allianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, has teamed up with San Mateo, Calif.-based cyber risk analytics and modeling firm Cyence to boost its global cyber risk analysis capabilities.
9/27/2017 - Allianz Global Corporate & Specialty (AGCS) has partnered with Silicon Valley-based cyber risk analytics and modelling firm Cyence in order to improve its cyber risk analysis and capabilities.
9/26/2017 - Four cyberrisk analysis companies say Equifax scored poorly in areas that would play a major role in massive data breach
9/21/2017 - Robert Hannigan will advise insurer on emerging threats and criminal techniques
9/10/2017 - A low-down on the extent of damage caused by the ransomware and how to safeguard against further attacks
9/6/2017 - With the growth of insurtech, a new breed of specialized insurers are addressing the industry’s next frontier
9/4/2017 - Wire's Alan Duric on the necessity of end-to-end encryption
8/30/2017 - This report focuses on the top players in global market.
8/29/2017 - In the wake of recent major global cybersecurity breaches organizations have started to turn to cyber insurance as part of their defence strategy.
8/24/2017 - In the tech world, a good idea is sometimes enough to get a company of the ground.
8/24/2017 - A company is hit by ransomware every 40 seconds somewhere in the world...
8/23/2017 - A quick-hit cyber attack may end when the kill switch is found, but the impacts last for a very, very long time.
8/21/2017 - A major cyber attack could cost the world economy $121.4 billion and businesses need to protect themselves by having sufficient cyber insurance.
8/21/2017 - Of all the opportunities in fintech, insurance technology, or insurtech, might be the biggest.
8/18/2017 - Cybercrime is now more lucrative than the drugs trade and Irish companies must treat it as an ongoing concern, an IT security expert has warned.
8/16/2017 - Maersk faced a cyber bill of $200 million to $300 million, highlighting the toll on corporate earnings of a June 27 malware attack.
8/2/2017 - Costly cyber attacks are having a bigger impact on corporate earnings and are becoming a fact of life for companies...
7/28/2017 - A new report developed by cybersecurity firm Cyence and Lloyd’s of London found that an extreme cyber event could potentially cost as much as Superstorm Sandy.
7/26/2017 - In light of a recent cyber risk report produced by the Lloyd’s of London marketplace and cyber risk analytics firm, Cyence, rating agency A.M. Best has welcomed the collaborative effort to improving the understanding and management of cyber risk, describing the report as “a positive step forward.”
7/24/2017 - A joint research report from insurance provider Lloyd's of London and cyber-risk analytics firm Cyence evaluates the risk of cyber-security.
7/19/2017 - Future Cyberattacks Could Cause Massive Losses, Lloyd's of London Warns
7/19/2017 - Lloyd’s of London, an insurance market based in England, has released a report according to which a massive cyber attack could result in $53 billion economic loss.
7/19/2017 - According to Lloyd's Class of Business team's estimations, that global cyber market is worth between USD 3 billion and USD 3.5 billion and may reach until 2020 at about USD 7.5 billion.
7/19/2017 - Research by Lloyd’s of London has revealed a catastrophic cyberattack against a cloud server could cost as much as a devastating hurricane.
7/19/2017 - Asia continues to be underinsured against cyber attacks despite recent research that puts the cost of such an attack as equivalent to a natural disaster.
7/19/2017 - In today’s world, cyber attacks have the potential to create as much havoc as a natural disaster.
7/19/2017 - Lloyd's of London estimates multi-billion-dollar loss figures in worst-case scenarios of a major zero-day exploit or massive cloud outage.
7/18/2017 - A major global cyber-attack has the potential to trigger $53 billion of economic losses, roughly the equivalent to a catastrophic natural disaster like 2012’s Superstorm Sandy.
7/18/2017 - The more the world relies on digital services, the more vulnerable it is to cyber attacks.
7/18/2017 - In its latest report, British insurer Lloyd’s said a global cyberattack could cause losses of about $53 billion to the world’s economy.
7/18/2017 - Insurer and risk modeling firm report claims worse-case scenario of $120 billion
7/18/2017 - The estimated costs of a malicious outage at a cloud-service provider or bad actors exploiting a previously undisclosed software vulnerability are approximate to those of a major hurricane
7/18/2017 - Joint report by Lloyd’s and Cyence that aims to provide cyber insurance providers with plausible and realistic scenarios.
7/17/2017 - Cyber attacks have reached a point where they could rack up billions of dollars in economic and insured losses, rivaling damage created by hurricanes.
7/17/2017 - Amid mounting cyber risks and interest in cyber insurance, insurers are struggling to estimate their potential exposure to cyber-related losses.
7/17/2017 - A successful major hacking attack on a global cloud provider could easily end up costing more than a huge natural disaster like Superstorm Sandy
7/17/2017 - A serious cyber-attack could cost the global economy as much as $53 billion, putting it on a par with Hurricane Sandy in 2012, according to a report Monday by Lloyd’s of London.
7/17/2017 - A major global cyber attack could trigger an average of $53 billion of economic losses.
7/17/2017 - The global insurance giant Lloyds of London has published the results of a study in which it claims that a global cyberattack could cause economic losses equal to those caused by Hurricane Sandy.
7/17/2017 - A global cyber-attack could be as expensive as a major natural disaster, a new report has claimed.
7/17/2017 - World’s oldest insurance market warns cost to global economy of cyber-attack could be as much as worst natural disasters
7/17/2017 - A global cyber attack could result in damages of as much as $121.4 billion in an extreme event, comparable to economic losses caused by Hurricane Katrina in 2005, Lloyd’s of London said in a report.
7/17/2017 - With an uptick in cyberattacks across the world, from WannaCry to Petya ransomware, a new report from banking heavyweight Lloyds of London warns just how vulnerable the U.S. economy could be in the event of an extreme attack.
7/17/2017 - As cybersecurity continues to dominate political agendas around the world, a report published by Lloyds of London estimates a severe cyber-attack could cost the global economy more than Hurricane Katrina
7/17/2017 - Cybersecurity insurers have to become more prepared to treat global cyberattacks more like national disasters than traditional crimes, concludes a report from insurer Lloyd's of London.
7/17/2017 - A huge global cyber-attack could cost the world economy $121.4bn, according to a new report by one of the world’s biggest insurers, Lloyd’s of London.
7/17/2017 - Lloyd's insurer's report reveals potential threats in new research
7/17/2017 - Lloyd’s research has shown that an extreme cyber attack could cause losses equivalent to a catastrophic natural disaster.
7/17/2017 - LLOYD’S OF LONDON has said a major cyberattack spanning the globe could cause governments, corporations and individuals to lose as much as US$53 billion on average.
7/17/2017 - Lloyds of London has suggested that a serious cyber attack could cost the world’s economy £92BN - the same financial damage caused by Hurricane Katrina.
7/17/2017 - The global economy could suffer a huge loss of $121 billion in the event of a massive worldwide cyberattack, a new report said.
7/17/2017 - A major cyberattack could potentially trigger up to $121 billion (SR453.75 billion) losses in the global economy
7/17/2017 - Lloyd's of London is warning a significant cyber attack could cause more damage to the global economy more than a major natural disaster.
7/17/2017 - A massive global cyber-attack could bring around $53 billion in economic losses
7/17/2017 - Companies could face a $45 billion loss from a big cyberattack because they do not have enough insurance to cover the threat, according to Lloyd’s of London.
7/17/2017 - New analysis shows just how expensive a major online attack could be.
7/17/2017 - A new study published by Lloyd’s of London has revealed a multi-billion dollar cyber insurance gap.
7/17/2017 - Lloyd’s and Cyence have produced a report that highlights potential economic losses of up to $121 billion from cyber attacks
7/17/2017 - There has been a wave of global cyberattacks over the past few months and even though they were launched on a global scale, significant devastation was avoided.
7/17/2017 - A massive, global cyber attack on a cloud service provider could cost as much as $53 billion.
7/17/2017 - A REPORT by insurance market specialist Lloyd's and risk modelling platform Cyence has found that even though losses from cyber attacks can potentially be as large as those caused by major hurricanes.
7/17/2017 - A major, cyber attack has the potential to cost global economies and businesses billions.
7/17/2017 - Economic losses caused by cyber attacks are now being considered as potentially damaging as those caused by disasters such as Hurricane Katrina and Superstorm Sandy.
7/17/2017 - A major cloud hack could cause widespread downtime and supply chain disruption - report
7/17/2017 - That cybercrime is a growing — and increasingly expensive — concern is not news at this point.
7/17/2017 - A serious cyberattack could cost the global economy as much as $53 billion, putting it on a par with Hurricane Sandy in 2012, according to a report by Lloyd's of London.
7/17/2017 - Cyber-attacks could soon be costlier than natural disasters, says Lloyd’s of London.
7/17/2017 - A major global cyber-attack has the potential to trigger up to $53 billion of economic losses
7/17/2017 - A major, global cyber attack could trigger losses on par with a catastrophic natural disaster such as US superstorm Sandy in 2012, suggests a Lloyd’s of London report examining worldwide hacking
7/17/2017 - World’s oldest insurance market warns cost to global economy of cyber-attack could be as much as worst natural disasters
7/17/2017 - Lloyd’s of London is predicting a costly future in tech.
7/17/2017 - As cyber insurance market grows, study finds that cyber attack losses now rival the scope of a major hurricane
7/16/2017 - A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with a catastrophic natural disaster such as U.S. Superstorm Sandy in 2012, Lloyd's of London said in a report on Monday.
7/7/2017 - Regulation of the currencies will help curb malpractices in the industry and ensure customer's funds are protected.
7/3/2017 - The Fintech 250 raised nearly $32B across 766 deals since 2013.
6/29/2017 - A new cyber virus spread from Ukraine to wreak havoc around the globe on Wednesday, crippling thousands of computers, disrupting ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia.
6/2/2017 - US company Cyence offers vast data, deeper analysis of corporate risks
5/22/2017 - There had been 312 data breaches just through mid-March in 2017, even before the WannaCry breach, and this even as cybersecurity investments are at a major high.
5/21/2017 - With somewhere around 2,000 artificial intelligence (AI) startups out there, applications have been identified across every single sector you can think of.
5/19/2017 - One week after the WannaCry ransomware attack impacted thousands of computers worldwide, ransomware has become top-of-mind for IT security professionals...
5/18/2017 - There is a lot more our industry should be doing to protect its systems and data from cyber blackmail.
5/17/2017 - Q1'17 was the most active quarter for deals to private cybersecurity companies over the last five years.
5/17/2017 - The massive scale of the recent WannaCry ransomware attack has exposed some significant weaknesses in global IT systems
5/17/2017 - The malware attack this weekend must hasten moves towards global rules on cyber threats
5/17/2017 - "The code in question is not a large portion of the overall Wannacry malware so it's plausible that the attackers got it from somewhere else".
5/16/2017 - The online extortionists behind the global WannaCry Internet attack had raked in less than $100,000 by late Monday.
5/16/2017 - Global financial and economic losses from the "WannaCry" attack that crippled computers in at least 150 countries.
5/16/2017 - The massive WannaCry cyberattack has represented a new type of threat by combining a computer worm with ransomware.
5/16/2017 - FBN’s Tracee Carrasco reports that experts suspect North Korea may be behind the ransomware attack.
5/16/2017 - The losses from WannaCry ransomware attack will probably run into billions of dollars!
5/16/2017 - Experts encourage agents, brokers and consumers to strengthen their tech security skills.
5/16/2017 - This was, truly, the cyberattack heard round the world. And to quote an old investing maxim, “You never know who’s swimming naked till the tide goes out.”
5/16/2017 - As the WannaCry ransomware ravaged businesses and other organizations throughout the world, Wall Street focused on security companies such as FireEye (FEYE) and Proofpoint (PFPT) .
5/16/2017 - INSURANCE companies are beginning to push out the boat on a new kind of insurance that protects against cybercrime.
5/16/2017 - North Korea has been cited as having possible links to a massive cyberattack last week that caused as much as $4 billion in financial losses.
5/15/2017 - Officials across the globe scrambled over the weekend to catch the culprits behind a massive ransomware worm.
5/15/2017 - Officials across the globe scrambled over the weekend to catch the culprits behind a massive ransomware worm.
5/15/2017 - Private companies and public services are recovering from the impact of Friday’s international cyber attack.
5/15/2017 - Businesses are scrambling to assess their vulnerability to cyber threats in the wake of the global WannaCrypt ransomware attack.
5/15/2017 - Asian companies, governments report minor disruptions from WannaCry ransomware as Monday started after brief respite over the weekend.
5/15/2017 - The spread of WannaCry ransomware appears to be contained, but experts are wary of another flare-up.
5/15/2017 - A ransomware worm made its way to more than 200,000 computers in 150,000 countries over the weekend.
5/15/2017 - A massive ransomware worm caused damage across the globe over the weekend.
4/7/2017 - Does Your Organization Have a Sound Cloud Strategy?
4/6/2017 - Trying to estimate the maximum cost of a devastating cyber event before one actually happens.
4/6/2017 - Why do Banks exist? That is not some deep, philosophical question about the role of money in society.
4/4/2017 - If you're hit by ransomware and you have to pay the ransom -- what do you do?
4/4/2017 - If you're hit by ransomware and you have to pay the ransom -- what do you do?
4/4/2017 - If you're hit by ransomware and you have to pay the ransom -- what do you do?
4/4/2017 - If you're hit by ransomware and you have to pay the ransom -- what do you do?
4/4/2017 - If you're hit by ransomware and you have to pay the ransom -- what do you do?
4/2/2017 - People tend to ignore how a thing works until it, all of a sudden, stops working.
3/31/2017 - Although the impact was not quite as big as some headlines had suggested ("Amazon Just Broke the Internet"), the outage of Amazon's Simple Storage Solution (S3) caused significant disruption.
3/6/2017 - Amazon outage shows risk of cloud computing oligopoly
3/6/2017 - Though Amazon's e-commerce site did not suffer any downtime or sales loss, more than 50 online retailers did when Amazon's web services experienced a big hiccup last week.
3/4/2017 - A typo by an authorized employee has been revealed by Amazon to be the cause of the major server disruption which affected cloud computing services in the US earlier this week.
3/3/2017 - Tuesday's Amazon S3 outage reverberated around the internet, but cost and complexity will likely keep many users from scrambling to change their redundancy practices.
3/3/2017 - Tuesday’s internet outages were quickly discovered to be caused by outages of Amazon’s Simple Storage Service (S3), cloud servers built to hold enormous portions of the web.
3/3/2017 - A botched command inadvertently took down swaths of the Web, but it only serves to reveal that centralized Web services need to be built more robustly.
3/3/2017 - Amazon says a typo caused its cloud-computing service to fail earlier this week.
3/3/2017 - A typographical error re-configuring Amazon Web Services led to an outage that took down millions of Internet sites for hours this week.
3/3/2017 - Amazon says a typo caused its cloud-computing service to fail earlier this week.
3/3/2017 - Someone with dodgy fingers typed the wrong command.
3/3/2017 - Amazon Web Services has explained that the cloud outage occurred on Tuesday.
3/2/2017 - Turns out, the people who work at Amazon actually are human.
3/2/2017 - AWS employee mistyped command to take a few servers offline
3/2/2017 - Lessons learned from Tuesday's cloud, er, fog storage mega-failure
3/2/2017 - The wide-scale Amazon Web Services outage that made navigating the internet a mess Tuesday reportedly affected more than 150,000 websites, but Amazon wasn’t one of them.
3/2/2017 - Amazon.com (AMZN) on Thursday blamed human error for an outage at its cloud-services unit that caused widespread disruption to internet traffic across the U.S. earlier this week.
3/2/2017 - Company says disruption started at its Northern Virginia data centers
3/2/2017 - The losses show just how bad Amazon Web Services S3 outage was earlier this week, financially speaking.
3/2/2017 - An Amazon Web Services engineer was debugging an issue with the billing system for the company’s popular cloud storage service S3 and accidentally mistyped a command.
3/1/2017 - Amazon Web Services has become so powerful that when it goes down, it takes down a large chunk of the internet with it.
3/1/2017 - Amazon Web Services has become so powerful that when it goes down, it takes down a large chunk of the internet with it.
2/24/2017 - With the global cyber insurance market expected to reach $14 billion by 2022, according to Allied Market Research, it’s no wonder more insurers are looking to offer cyber coverage.
2/14/2017 - With the global cyber insurance market expected to reach $14 billion by 2022, according to Allied Market Research, it’s no wonder more insurers are looking to offer cyber coverage.
1/23/2017 - Advisen Ltd. announced today that Sean Kanuck, the first US National Intelligence Officer for Cyber Issues from 2011-2016 and Advisor at Cyence, Inc., will deliver the keynote address at its San Francisco Cyber Risk Insights Conference.
1/23/2017 - Arvind Parthasarathi, founder and CEO of Cyence, a San Mateo, Calif.-based cyber risk modeler, believes that rising to the demand of cyber threats calls for a completely different way of looking at cybersecurity.
1/18/2017 - This global study, conducted by the Economist Intelligence Unit (EIU) and sponsored by Palo Alto Networks, sheds light on the ways business leaders are dealing with the increasing volume of threats they face from insecurities that arise because of disruption beyond their corporate borders.
1/9/2017 - New breed of start-ups aims to assess strength of companies’ defences against hackers