The Leading Source for Cybersecurity Insurance News, Insights and Data
The SEC cybersecurity disclosure rules (see the text here) requires public companies to disclose hacks within four days, which we earlier predicted would lead to confusion, scrambling and lawsuits. “’The…
“Most companies will quickly accept the insurance provider’s first offer when negotiating cybersecurity insurance policies. Although a relatively new component of the insurance sector, providers have still been conducting cyber…
Read More “Businesses Should Negotiate Cyber Insurance Premiums & Coverage: Kovrr” »
No doubt the major insurtech players (and, of course, the hackers) have a good start on leveraging AI for their business challenges. This report covers some of the areas AI…
Read More “Cyber Security Insurance Industry Moves (Carefully) Toward AI ” »
“‘CISOs think when an event comes, they know exactly what to do. But I would say the majority don’t,’ (Catherine Lyle, head of claims at Coalition) said. ‘Having tabletop exercises…
Interesting overview of the AWS Cyber Insurance Program. The program is part of a trend to link automated security assessments and mitigation to insurance. AWS focuses on companies that already…
Read More “AWS Cyber Insurance Program Demonstrates Growing Fusion of Security Tech & Insurance ” »
Howden, a global insurance broker, has launched a new product that brings together professional indemnity (PI), crime and cyber liability into one policy. The new product, called Howden ProSecure, is…
Read More “Howden Provides a Single Policy to Cover Three Nightmares of Cyber Attacks ” »
The U.S. Securities and Exchange Commission (SEC) has issued its new cybersecurity rule, which aims to enhance transparency and accountability in managing cyber risks. The rule requires businesses to promptly…
Read More “SEC Reveals Its Cyber Reporting Rule, Scrambling and Confusion Sure to Follow ” »
The round adds to $225 million already raised by the company. The round was led by Intact Ventures, an affiliate of Resilience’s primary capacity provider, with participation by Lightspeed Venture…
When Lloyd’s provided updated guidance and exclusions for nation-state cyber attacks, some industry players and news outlets concluded the organization intended to jettison all such coverage. Not so, Lloyd’s said…
Along with additional (and alarming) detail on its findings about hacks and shareholder value, AON provides some good news. Based on data from its risk assessment platform, security of common…
Read More “Major Cyber Incidents Cut Shareholder Value by 9%: AON ” »