RISK SECURITY/Cyber Security

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  Kovrr Successfully Completes SOC 2 Type II Certification

  Staff Writer | December 08, 2020

  Completion highlights company’s commitment to advanced security and process standards...

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  Grupo Ageas Portugal Selects FRISS For Customer Fraud Protection

  Staff Writer | October 29, 2020

  Real-time FRISS solution combines risk and fraud indicators with predictive models, network analysis, and text mining...

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  Nationwide and Generali Global Assistance Partner to Enhance Identity Theft Protection

  Staff Writer | October 14, 2020

  ID Theft Insurance offers opportunity to agents whose customers need the coverage...

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  Cowbell Cyber for Small Business Expands Cyber Insurance Offering into Texas

  Staff Writer | September 03, 2020

  Standalone, admitted cyber insurance expands across U.S. and adds coverage for banking, financial services, insurance and hospitality industries...

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  Preventing Data Breaches

  Scott Stephens | August 17, 2020

  Five things to check when outsourcing policyholder communications...

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  Digitalization, COVID-19 Spurring More IT Investment in Cybersecurity

  Staff Writer | August 04, 2020

  New Deloitte study finds financial institutions spending more on IT protection in 2020 than previous years...

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  FRISS Partners with eviid to Help Prevent Fraud

  Staff Writer | May 20, 2020

  FRISS, provider of AI powered risk and fraud solutions to P&C insurers, announced their partnership with eviid, leading provider of innovative...

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  Celent Study: Most Small Businesses Still Unclear on Importance of Cyber Insurance

  Laura Mazzuca Toops | March 18, 2020

  And risk increases as more employees work from home during coronavirus quarantine...

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  Upstream Security Closes $30 Million Series B Investment from Renault, Volvo Group, Hyundai, Nationwide

  Staff Writer | October 21, 2019

  Global Syndicate - including Renault Venture Capital, Volvo Group, Hyundai, Nationwide Insurance and others - invests to protect connected vehicles...

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  RT ProExec Distributes New Commercial Cyber Product with ClarionDoor Technology

  Laura Mazzuca Toops | October 08, 2019

  RT ProExec, a division of RT Specialty and a leading wholesale distributor of specialty insurance products and services, is delivering a new insurance...

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  Seguros SURA Colombia first customer to leverage the benefits of FRISS Guidewire Accelerator for integrated fraud detection

  Bill Sinn | June 17, 2019

  FRISS Fraud Detection at Claims accelerator offers integrated solution with Guidewire ClaimCenter; easy to download, implement, and use within...

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  FRISS and omni:us supercharging insurance with AI

  Bill Sinn | June 12, 2019

  FRISS, the worldwide provider of AI-powered fraud and risk solutions for the P&C insurance industry, today announced their partnership with omni:us, a...

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  Greek insurance company Eurolife ERB Wins at IMPACT Bite Awards 2019 with FRISS for Automated Fraud Prevention

  Bill Sinn | June 13, 2019

  Eurolife ERB, a Fairfax company, has won the IMPACT BITE (Business IT Excellence) Awards 2019 in the category IT Business Process Improvement, for its...

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  Carriers Enhancing Fraud Analytics Capabilities, Novarica Profiles Seven Solution Providers

  Bill Sinn | May 07, 2019

  Insurers leveraging AI and big data to pilot and deploy initiatives in machine learning, unstructured text analysis, image and voice recognition...

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  FRISS joins Coalition Against Insurance Fraud

  Bill Sinn | May 07, 2019

  Established insurtech joins top insurance companies and industry leaders in the fight against fraud...

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  Just How Much Are Financial Institutions Spending on Cybersecurity? An Average of About $2,300 Per Employee, Deloitte Survey Finds

  Bill Sinn | May 01, 2019

  Of course, money is just one aspect of a mature cyber program...

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  S&P Global Ratings expands collaboration with Guidewire Software to inform cyber component of New ESG Evaluations

  Bill Sinn | April 12, 2019

  S&P Global Ratings, a division of S&P Global Inc. (NYSE: SPGI), and Guidewire Software, Inc. (NYSE: GWRE) today announced an increased collaboration...

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  Cyber Liability Market and Assessment Vendor Market Both Growing, Says Novarica

  Bill Sinn | March 07, 2019

  New report provides overview of 11 Cyber Risk Assessment solutions for insurers...

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  David Fisher joins FRISS board as non-executive member

  Bill Sinn | February 13, 2019

  Today FRISS, the global provider of fraud and risk solutions for the P&C insurance industry, announced that David Fisher has joined their board as a...

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  Five Things to Consider When Evaluating Your Cyber Risk

  Jennifer Dumont | February 07, 2019

  Whether your company is private, non-profit or public, all types of businesses are at risk. Here are some basic tips on how to evaluate your cyber...

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  Major Ransomware Attack Could Hit U.S. with $89B In Economic Damages

  Bill Sinn | January 29, 2019

  The region faces the highest level of economic damage in new ransomware scenario created by Cyber Risk Management (CyRIM) project. U.S. losses are...

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  Electronic Chat with Jeroen Morrenhof

  Bill Sinn | January 10, 2019

  ITA interviews Jeroen Morrenhof, CEO of FRISS, one of the leading fraud and risk mitigation companies serving the P&C insurance marketplace...

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  Nearly 50% of US Insurers Are Enhancing Security Capabilities Across the Board, Says Novarica

  Bill Sinn | January 08, 2019

  IT security consumes more than 10% of insurer IT budgets and even more management bandwidth, according to a new report, IT Security Update 2019, from...

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  At Year End 2017, Will Your Organization Be Protected from Cyber Risks?

  Keith Daniels | December 13, 2017

  We are approaching one of the busiest seasons, not just for the Holidays, but for new business and renewals in the specialty lines insurance...

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  ISO Launches Cyber Program with Enhanced Rating, Coverage Options

  Staff Writer | July 13, 2017

  ISO announces the launch of a cyber insurance program with enhanced rating variables and coverage options designed to help insurers respond to the...

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  The Two Sides of Cybersecurity

  Robert Regis Hyle | April 18, 2017

  Insurers need to practice what they preach when it comes to cyber risk management for their enterprise and for their product offerings...

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  Creechurch Underwriters in Production with Oceanwide’s Cyber Risk Assessment Tool

  Staff Writer | May 06, 2016

  Oceanwide announces that Creechurch Underwriters, a managing general underwriter (MGU), is now in production with Oceanwide’s cyber risk assessment...

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  ISO to Collect Cyber Insurance Data to Mitigate Cybersecurity Risk

  Staff Writer | April 06, 2016

  ISO will collect, aggregate, and analyze cyber insurance data to help address a major issue facing today's cyber insurance market: the need for more...

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  Verisk Releases Cyber Exposure Data Standard for Insurance

  Staff Writer | January 19, 2016

  Verisk Analytics announces that it has released what it calls the industry's first global cyber exposure data standard...

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  Cybersecurity: Balancing Risk and Cost

  Chuck McGann | October 27, 2015

  There are ways to secure your data that don’t cost more than what you are trying to protect...

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  The Federal Government and Security Standards Meet at a Dangerous Time

  Robert Regis Hyle | October 12, 2015

  Like a ticking clock—channel the old Jack Bauer thriller 24—our enemies, some known the majority unknown, are looking at ways to attack us...

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  Xpertdoc Achieves Highest Security Compliance Certification

  Staff Writer | September 24, 2015

  Xpertdoc Technologies announces it has achieved ISO/IEC 27001 certification, a globally recognized standard of information security best practices...

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  Insurers Staying Secure with Cyber Security Technology

  Shawn O'Rourke | August 17, 2015

  Threats in the insurance industry have shown no one is immune from attack...

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  Insurers Face Cyber Risk Challenges from All Directions

  Mitchell Wein | July 28, 2015

  The message is clear, there will be regulatory pressure to do something around cybersecurity. The National Institute of Standards and Technology...

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  Capacity Insurance Partners with Berkley Re Direct, IDT911

  Staff Writer | July 16, 2015

  Capacity Insurance announces a partnership with Berkley Re Direct and IDT911, a leading provider of services which help businesses defend against data...

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  Yet Another Reminder that Security Begins with You

  Robert Regis Hyle | June 23, 2015

  Baseball has a long history of chicanery, but nothing like the news from last week that the FBI is investigating the breach of the database of the...

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  Oceanwide Tool Assesses Cyber Risks

  Staff Writer | June 19, 2015

  Oceanwide announces the availability of the company’s new Cyber Risk Assessment Tool, which will help insurers identify and mitigate company-specific...

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  Oceanwide's Cyber Risk Assessment Tool Now Available

  Staff Writer | June 11, 2015

  Oceanwide, an Insurity company, announces the availability of the company's new Cyber Risk Assessment Tool, which will help insurers identify and...

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  You’ve Been Hacked: Few Surprises in Cybersecurity Study

  Robert Regis Hyle | April 21, 2015

  When Janeen Blanton asked the audience at a session of ITA LIVE last week to guess the number of insurance carriers where Salient Commercial Solutions...

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  Salient’s Blanton Speaks at ITA LIVE on Cybersecurity Challenges for Insurers

  Staff Writer | April 12, 2015

  Salient Commercial Solutions announces that Janeen Blanton will speak at the Insurance Technology Association’s (ITA) inaugural event, ITA LIVE, in Ft...

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  Cyber Security Gains More Regulatory Attention

  Robert Regis Hyle | March 02, 2015

  There are two words that throw the fear of god into the face of any insurance carrier: regulatory compliance...

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  Salient, Bivio Solution Provides IPv6 Protection for High Speed Networks

  Staff Writer | February 09, 2015

  Salient Commercial Solutions, Inc., and Bivio Networks, Inc., announce a technology partnership. The new solution, Assure6 IPv6 Sensor for Bivio...

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  Looking for a Good Night’s Rest

  Robert Regis Hyle | January 26, 2015

  A favorite question of journalists—and I admit to using it myself at times—is what keeps people up at night. In our case, the question is normally...

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  Cyber Attacks Coming to a Business Near You

  Robert Regis Hyle | November 11, 2014

  As the holiday season closes in on us, it’s the time of the year when we break out our credit cards and say a little prayer that the websites we shop...

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  ITA Sponsoring CLM Cyber Liability Summit

  Staff Writer | September 25, 2014

  The Insurance Technology Association is a Silver Sponsor for the 2014 Cyber Liability Summit presented by The CLM on October 15, at the New York...

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  Just When You Thought it Was Safe . . .

  Robert Regis Hyle | September 08, 2014

  When my mother died, my siblings assigned me the task of sorting through thousands of old photographs and distributing anything of real sentimental...

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  Where There’s Smoke, There’s Venture Capital

  Robert Regis Hyle | July 21, 2014

  If we needed any more reason to believe cybersecurity is top of mind for American insurance carriers, we have this: According to CNN: Venture capital...

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  ISO Announces Strategic Collaboration with IDT911

  Staff Writer | July 11, 2014

  ISO announces a strategic collaboration with IDT911 (IDentity Theft 911) a consultative provider of identity and data risk management, resolution, and...

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  The Human Operating System is 100 Percent Vulnerable

  Bryant G. Tow | June 02, 2014

  Cyber-attacks are through the roof. Numbers from the FBI, Verizon Breach Report, the Ponemon Institute and nearly every industry source all agree...

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  You Are a Target for a Cyber Attack

  Bryant G. Tow | March 19, 2014

  In the insurance space, I hear a few common statements about cyber security: “I am just an independent agent” or “We are only a small regional company...

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  Combatting Cyber Threats: Predict, Prevent, Persist

  Carlos Fernandes | February 12, 2014

  U.S. companies have become a target for hackers across the world...

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  The Shame in Cyber Security Lapses

  Michael P. Voelker | February 10, 2014

  One word that scares insurance executives, from CEOs down to network administrators is “hacked.” The loss of data and an inability to run the company...

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