Cyber security risks, including ransomware, data breaches, and IT disruptions, remained the top business concern worldwide over the past year. A recent Report published by the International Underwriting Association (IUA) underscores the need for cyber business interruption (BI) risks to receive the same attention as information technology security controls and ransomware threats.
The new IUA guide also aims to help insurers navigate money-handling requirements in the European Union. Across the c