The threat of cyber attacks is large and growing, costing companies and individuals trillions of dollars each year. Chubb has industry-leading experience and expertise to help you reduce the cyber risks you and your business face.
Cyber security risks are uniquely challenging for small- to medium-size businesses, due to a combination of the frequency with which these threats manifest into bona fide cyber security incidents, the severe business disruption and financial impact, and limited resources to respond and recover in the event of an attack.
A new report coauthored by Chubb, Symantec and CoverHound outlines a few simple measures that companies can use to create their own cyber risk management program and limit their exposure.
The report answers the following questions:
To learn more and to download the full white paper, complete this form.
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Over the past 10 years, half of all cyber insurance claims came from two sources: Hacks and Human Error.
Different industries face different cyber threats. Chubb has nearly 20 years of proprietary data that highlights what the top risks are for each industry.
Over the past decade, the healthcare industry has accounted for 38% of all cyber claims, followed by professional services (16%), technology (12%) and retail (11%).
Unlike other industries, healthcare companies fall victim primarily to human error, where an individual either loses information or sends it to an incorrect person or company.
Beyond hacks, the loss or theft of a device makes up a relatively large portion of claims for companies in the technology industry.
With the highest percentage of hacks of any industry, retailers are especially at risk due to the amount of personally identifiable information they hold.
Cyber risks warrant an enterprise risk management solution.
Chubb’s Cyber Alert℠ application is designed to offer you 24/7 incident reporting and response service resources at your fingertips.
An immediate and comprehensive response plan can make all the difference.
Chubb’s DigiTech® ERM policy incorporates insight gained from 30+ years of experience underwriting technology-driven exposures.
Companies of every industry face an evolving set of cyber security risks. We offer a range of customized solutions to meet your unique needs.
Stay up to date with the latest whitepapers, claims data, educational content and news from Chubb’s Cyber team.
Chubb is honored to be nominated for Cyber Risk Pre-Breach Team of the Year, Cyber Risk Innovation of the Year, Cyber Risk Insurer of the Year, and have three candidates nominated for Cyber Risk Industry Person of the Year. Show your support and submit your vote by April 20.
Chubb’s Patrick Thielen explains how to protect your organization from being vulnerable even if you think “it’ll never happen to you,” starting with protecting your W-2’s, being on the lookout for phishing scams and fake IRS outreach, and having a preventative plan in action.
In this fast-paced, high-stakes M&A environment, private equity dealmakers are faced with unique and growing financial exposures, including cyber security risks. Of notable concern, attackers are proving to be more successful in their use of social engineering techniques, as well as phishing scams.
The first few hours and days following a cyber incident are the most critical. Chubb’s new Cyber Alert App offers commercial cyber customers rapid incident response options and resources in the event of a cyber attack.
Chubb’s Michael Tanenbaum speaks to the Financial Times about the rise of social engineering risks, and how it is easier for cyber criminals to use your own data against you.
Data breaches, electronic theft and vandalism, denial of service attacks and even copyright infringement make protecting sensitive data an issue for every organization. Chubb’s customizable solutions offer the insurance protection you need.
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