The Source for Cyber Insurance News, Insights and Data
Cyber insurance underwriting is changing. The old way, where applicants just checked boxes and signed forms, is being replaced by a need for real proof. This change was the main topic in a recent Cyber Insurance News and Information Podcast with Jessica Newman, Global GM of Cyber Insurance at Sophos. Newman explained that the market … Read more
By Michael Scheumack, Chief Innovation Officer, IdentityIQ Tax season is no longer just a deadline. It is a prime opportunity for cybercriminals to turn stolen personal data into quick financial gain. Tax identity theft occurs when a criminal files a fraudulent tax return using someone else’s personal information to claim a refund. With just a … Read more
Imagine a security guard in a control room. The cameras show every hallway. The alarms work. The guard sees a thief moving between rooms. Yet the guard cannot lock the doors. The thief keeps walking deeper into the building. That is the plain-language version of today’s breach containment problem. In The Containment Gap: Exploring the … Read more
DynaRisk says many potential cyber insurance policy customers already face active cyber risk. To address this, DynaRisk offers a scan that provides insurers with evidence of exposure, including compromised credentials, malware infections, and direct targeting by threat actors targeting customers of banks, retailers, employers, and membership groups. The company based its findings on a proprietary … Read more
“Cybersecurity incident” sounds mild, almost bureaucratic. Almost quaint. But in a school system, it means student privacy can vanish in a single breach. Grades, health records, counseling support, discipline files, and other personal details can spill far beyond school walls. That ain’t quaint. Cyber insurance is now a key part of how schools handle cybersecurity … Read more