Underwriters will be pushing for increases to offset the hit to their earnings, Willis says.

RIMS report notes attack factors including season of the year and geographic region.

They're going nowhere fast. For yet another quarter, prices remained nearly flat.

Of the total losses, $23B were covered by insurance.

Cyber rates have now declined for two quarters in a row, for the first time since 2012.

Having an Incident Response Team in place can significantly reduce the cost of a cyberbreach.