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The cyber insurance market saw double-digit price reductions in 2023/24, Howden said. Added security such as multifactor authentication has helped to protect companies' data, reducing insurance ...
Cyber insurance rates dropped around 10% in June compared with a year earlier, reversing recent sharp rate rises, as claims proved smaller than expected, broker Howden said in a report on Wednesday.
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The term "Cyber Monday" was coined by Ellen Davis, [6] [7] and was first used within the ecommerce community during the 2005 holiday season. [8] According to Scott Silverman, the head of Shop.org, the term was coined based on 2004 research showing "one of the biggest online shopping days of the year" was the Monday after Thanksgiving (12th-biggest day historically). [9]
In practice, several obstacles have prevented the market for cyber-insurance from achieving maturity; absence of reliable actuarial data to compute insurance premiums, lack of awareness among decision-makers contributing to too little demand, as well as legal and procedural hurdles have been identified in the first generation" of cyber ...
First observed in the United States on November 27, 2010, Small Business Saturday is a counterpart to Black Friday and Cyber Monday, which feature big box retail and e-commerce stores respectively. By contrast, Small Business Saturday encourages holiday shoppers to patronize brick and mortar businesses that are small and local .
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