Category Archives: all posts

Beware the data breach bear trap

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Over the course of 2018, we have seen numerous pieces of data breach legislation come into force. Back in February, the Australian government enacted the Notifiable Data Breaches Act. In May, we saw the introduction of the EU’s General Data Protection Regulation (GDPR). In June, Alabama’s Data Breach Notification Act… Read more »

Business interrupted: Part one

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Today, business interruption in cyber insurance policies is back in a big way. To explore this growing risk, we’re running a three-part blog series on the subject exploring the many ways in which BI cover is essential for modern businesses, and key things brokers and clients should look out for…. Read more »

Cyber claims case study: Software shutdown

This month’s cyber insurance claims case study tells the story of a property management company that fell victim to a ransomware attack, putting an end to their primary software system. Fortunately, their CFC cyber insurance policy helped to cover the costs of implementing a new software system, including large-scale data… Read more »

CFC wins four at the Cyber Rankings Awards

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Last week, CFC attended the second annual Insurance Insider Cyber Rankings Awards in London. Based off the results of the publication’s Cyber Rankings Survey, these awards recognise the achievements of the market’s rising stars, most skilled practitioners, and most highly regarded companies. We’re proud to announce that CFC won in… Read more »

FUNDS TRANSFER FRAUD – OLD TRICKS, NEW TACTICS

Social engineering involves the use of deception to manipulate individuals into carrying out a particular act, such as transferring money, handing over confidential information or clicking on a malicious link, and it’s causing serious financial harm to businesses all around the world. According to the FBI, between October 2013 and… Read more »

CFC launches cyber insurance guide for brokers at BIBA 2018

Specialist insurance provider behind BIBA’s cyber insurance scheme, CFC, will be launching its new BIBA Cyber Guide at BIBA 2018. While one of the most talked about topics in business insurance, cyber insurance also seems to be one of the most misunderstood. CFC’s new guide aims to cut through the… Read more »

CFC tops the charts in the Insurance Times Cyber Product Report 2018

We are proud to have taken the top spot in this year’s Insurance Times Cyber Product Report. Our cyber policy achieved the highest score in the review test, scoring 90 out of 100 points, and marking us out as the only provider to receive the publication’s superior cover rating – with… Read more »

Royal Accolade for CFC Underwriting

CFC is proud to announce that Her Majesty The Queen has approved the Prime Minister’s recommendation that CFC should receive a Queen’s Award for Enterprise in the International Trade category. Winners in this category are recognised for having demonstrated a substantial and sustained increase in export earnings over three consecutive… Read more »