What was trending in cyber risk this past year? On Tuesday, January 24th at 11am ET, Advisen hosted a free, one-hour webinar that examined a litany of cyber risk trends derived from our proprietary database of more than 30,000 cyber events.
Adam Cottini, Arthur J. Gallagher; David Lewison, AmWINS; and Erin Ayers and Aloysius Tan, Advisen, examined cyber risk trends that emerged in 2016, paying special attention to categories that have seen steady growth, including Network/Website Disruptions and Privacy – Unauthorized Contact and Disclosure. Panelists also discussed ransomware incidents, which have emerged as one of the fastest growing cyber threats, and TCPA violations, which reached an all-time high in terms of the number of suits filed in the past 12 months.
Our panelists discussed the ramifications and implications of an array of provocative “data views.” By reviewing the largest possible arsenal of Cyber Event data, this webinar aimed to showcase both the “known” and the “unknown” for risk managers, insurance buyers, and all P&C professionals who focus on cyber liability.