Cyber & Fraud

Cyber & FraudEmerging cyber risk offers challenges and new opportunities to brokers and insurers struggling to keep up with the pace and frequency of attacks and finding solutions for clients. On the fraud side, staged accidents and loosely-regulated medical assessment companies have plagued the auto insurance sector in Ontario with millions of dollars in fraudulent claims in recent years.
CAA says 10,000 members may be affected by Equifax breach

CAA says 10,000 members may be affected by Equifax breach

CAA partnered with Equifax on an identity protection program

Equifax hack likely affected only Canadians with dealings in U.S.

Equifax hack likely affected only Canadians with dealings in U.S.

Accounts could be at risk for those who lived, worked or applied for credit in the U.S.

Privacy Commissioner to investigate Equifax hack

Privacy Commissioner to investigate Equifax hack

Canadian breach may have involved names, addresses and social insurance numbers

Canoe.ca hacked, 1 million users affected

Canoe.ca hacked, 1 million users affected

Breached databases contained names, mailing addresses and phone numbers

Canadian, U.K. residents affected by Equifax breach

Canadian, U.K. residents affected by Equifax breach

Equifax has not said how many Canadians were affected or what data was stolen

Cyber risk and the M&A boom

Cyber risk and the M&A boom

When one company buys another, it also buys its network— and problems.

Economical brings cyber coverage to market

Economical brings cyber coverage to market

Features include expenses for professional services and access to breach response professionals

B.C. brokers penalized for bridge toll fraud

B.C. brokers penalized for bridge toll fraud

At least three auto insurance brokers in British Columbia have been penalized for helping clients not pay the province’s bridge tolls, according to the Insurance Council …

U.S. cyber insurance market passed US$1 billion in 2016

U.S. cyber insurance market passed US$1 billion in 2016

Cyber insurance anticipated to see some of the highest levels of growth in the P&C space

Six ways to protect your brokerage from security breaches

Six ways to protect your brokerage from security breaches

Data encryption and strong passwords are some of the key tools to protecting your devices

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Transcontinental Media G.P.