The bank robber Willie Sutton was once supposedly asked why he robbed banks. He responded, “Because that’s where the money is.” That’s why cybercriminals relentlessly go after financial services, telecommunications, retail, and other industries online—including...
Technology and the digital revolution has transformed almost every industry, and the insurance sector is no exception. Where brokers once used clunky and disjointed internal communication systems and stored client information in hard copy file storage, they are now...
Technology and the digital revolution has transformed almost every industry, and the insurance sector is no exception. Where brokers once used clunky and disjointed internal communication systems and stored client information in hard copy file storage, they are now...
What is cyber insurance? Cyber insurance works in much the same way as any other specific incident related insurance, like flood or earthquake insurance. It reduces the financial risk of online business, and covers organizations in the event of a cyber attack. If your...
Insurance companies are one of the most vulnerable businesses to cybercrime around. As a sector, they operate under a unique set of circumstances that make them ideal targets and this risk has only grown with the increase in remote workforces brought on by the...
As seen on Disruption Magazine. How can an industry that creates a mandatory product be disrupted? This is a question that has plagued Canadian auto insurance providers for more than a decade. Auto insurance is a legally required product across Canada that is heavily...