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CYBER RISK INSURANCE A Resource Guide for Actuaries

May 27, 2019

According to the 2018 Allianz Risk Barometer report, cyber risk is the No. 1 concern for risk managers in the United States. It is a risk that impacts everyone—from individuals to small businesses to large Fortune 100 corporations. As the world continues to become more digital, and more people, organizations, and the devices that they own become connected, the risk of cybercrime will continue to rise. The number of “internet of things” (IoT) devices—estimated to number roughly 20 billion in 2018—is projected to grow rapidly to over 70 billion by 2025, increasing the attack surface and providing attackers with additional opportunity to carry out large-scale attacks. As a result of the global digitization and the increasing capabilities of malicious cyber actors, the costs of cybercrime have continued to rise, and are estimated to have topped $600 billion in 2017.

Spotlight

Interwork Technologies

Interwork Technologies is a North American value-added specialty distributor of IT Security, Information Management, and Network Solutions. Established in 1991, it has more than 20 years of channel and distribution experience with sales resources in both Canada and the U.S. Interwork offers a diverse portfolio of security technologies through its resellers, delivering advanced software and products for cloud and data center security, advanced threat detection, data security, legacy modernization, and converting big data into security intelligence.

OTHER WHITEPAPERS

VIRSEC ® SECURITY PLATFORM

whitePaper | December 10, 2019

Advanced application attacks that weaponize at runtime (WRT) are increasingly putting businesses at risk. These attacks challenge application security by leveraging fileless malware, memory corruption and uncommon vulnerabilities to evade traditional security solutions. WRTs manipulate legitimate processes and enable stealthy execution of malicious code, resulting in data breaches, damaged infrastructure, and financial losses.

Ransomware Data Recovery Architectures

whitePaper | September 26, 2022

Ransomware attacks have been on the rise in recent years. They are extremely insidious in nature and have been foremost in many CEOs’ and CIOs’ minds lately. Ransomware is malware that prevents an enterprise from accessing and using its data, usually by encrypting the data in an inconspicuous manner so the victim does not know the attack is occurring.

DeltaV™ Mobile Security Manual

whitePaper | October 26, 2022

DeltaV™ Mobile provides read-only access to process data and alarms on mobile devices. The solution includes a combination of software and hardware integrated with your existing network

Upchain Security Whitepaper

whitePaper | October 26, 2022

Upchain is a cloud-based product data management and product lifecycle management software that offers benefits of PDM/PLM through web browsers, APIs, CAD and Microsoft Office plugins, while securely processing customer data in the cloud.

X-Force Threat Intelligence Index 2022

whitePaper | September 12, 2022

The world continues to grapple with a lasting pandemic, shifts to work-from-home and back-to-office, and geopolitical changes spawning a constant drone of mistrust. All of this equates to chaos, and it is in chaos that cybercriminals thrive.

Cisco Spaces – Privacy and Data Protection

whitePaper | December 2, 2022

Cisco Spaces is an indoor location services cloud platform that provides wireless customers with rich locationbased services, including location analytics, business insight, customer experience management, asset tracking, Bluetooth Low Energy (BLE) management, and API.

CYBER RISK INSURANCE A Resource Guide for Actuaries