Healthcare Ransomware Attacks Double, Driving Up Cyber Premiums

Healthcare Ransomware Attacks Double, Driving Up Cyber Premiums

Across the board, we’ve seen a rise in cybercrime over the past few years, and the healthcare sector is being hit especially hard. HIPAA Journal reports that between 2009 and 2022, there were a combined total of 5,150 healthcare data breaches of 500 records or more. Healthcare data breaches have continued to rise over the last decade. (Source:...

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Episode 3: The Ins and Outs of Cyber Liability and Professional Lines

Episode 3: The Ins and Outs of Cyber Liability and Professional Lines

Welcome to Flip the Cap! On today’s show, Kathryn sits down with Deborah Dioguardi, Senior Vice President of Jencap Specialty Insurance Services. Deborah is a highly sought-after Professional, Cyber and Management Liability specialist broker. In the interview, she discusses the interesting evolution of cyber insurance, one of the commonly missed...

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Cyber Hackers Are Finding Ways Around Multi-Factor Authentication

Cyber Hackers Are Finding Ways Around Multi-Factor Authentication

One of the simplest ways you can protect your accounts from getting hacked is enabling multi-factor authentication (MFA). With MFA, in order to log into an account, a user must provide more than one security credential to verify their identity—such as a password and a one-time code they receive by text message.  MFA provides many of us with peace...

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Riding the Waves of Change in 2022 The Jencap Insurance Industry Outlook

Riding the Waves of Change in 2022 The Jencap Insurance Industry Outlook

If the insurance industry had posted its relationship status in 2021, it would have been "It’s complicated." For 2022, it’s still going to be complicated. ... only a little less so. In this white paper you'll find: Seven major trends that will impact the insurance industry in 2022. Industry outlook for every key insurance vertical – including...

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5 Cyber Trends Your Insureds Need to Know

5 Cyber Trends Your Insureds Need to Know

Hackers recently used ransomware against a major gasoline pipeline to halt distribution, costing the company millions of dollars and creating chaos across the southeastern United States. A cyber attack on the world’s largest meat producer last month also forced the shutdown of all its U.S. beef plants, wiping out production from facilities that...

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Up in Smoke: Insuring Cannabis-Related Businesses

Up in Smoke: Insuring Cannabis-Related Businesses

The sale of legal cannabis is projected to reach $20 billion within three years. With 33 states passing laws to legalize medical cannabis and 11 allowing recreational marijuana, the insurance industry is beginning to take notice.

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