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Based on a comprehensive survey of cybersecurity professionals in the 400,000-member Information Security Community on Linked In, the 2018 Threat Hunting Report reveals that cyber threats continue to rise dramatically.
Deployment of sophisticated threat hunting programs in security operation centers (SOCs) can significantly improve detection rates and accelerate the time to detect, investigate and remediate these threats.
This pushes premium levels down and fosters fierce competition.
Premium levels in basically all classes of business keep falling, year after year.
Broker facilities have arisen even in complex classes of business, such as financial institutions’ D&O insurance.
All these aspects are leading to increased pressure on insurance companies and their results.
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Main exposures for accumulation scenarios could be: The accumulation that would arise from an outage of the internet would be of significant magnitude for the insurance sector and reinsurers, which is why it is so important to be aware of how these aspects are addressed in wordings and how they are covered.
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Download the complete 2018 Threat Hunting Report by completing the form on the right side of this page (you will receive an email with the download link).
Overall, however, new stand‑alone cyber covers are appearing.
The accumulation potential of cyber risks is not fully understood.