Insurance

Episode 158: How NotPetya has Insurers grappling with Systemic Cyber Risk

We talk to Bruce McDonnell of the East West Institute about how insurers are responding.

Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats

Podcast: Play in new window | Download (Duration: 32:26 — 37.1MB)Subscribe: Android | Email | Google Podcasts | RSSIn this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat. In part II, we invite Chip Block of the firm Evolver back into the studio to talk about the challenge that “converged” cyber physical systems pose to insurance carriers as they try to wrap their arms around their exposure to cyber risk. Editor’s note: as an experiment this week, we’re posting each interview as a separate download, to see if that makes it easier for listeners to jump to the content they’re most interested in. Use the comments […]

The Rich Aren’t Like Everyone Else: They Have More Cyber Insurance

In-brief: Insurance giant AIG announced Monday that it has started offering cyber insurance to protect individuals and families from ransomware attacks, data theft and cyber bullying. But don’t go looking to sign up at Wal-Mart: the service is only available to AIG’s high net worth customers. 

IBM Launches Watson Internet of Things Consulting Practice

In-brief: IBM unveiled IoT focused consulting services to encourage use of its Watson IoT platform. The company is targeting industries including automotive, insurance, retail and electronics. 

Survey: Consumers Wary of Connecting Vehicles

In-brief: Consumers express concerns about connected cars and say they assume vehicles will be hacked.