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A Tale of Two Disclosures: SEC Cyber Filings from MGM and Caesars After Their Recent Hacks

Posted on September 20, 2023September 20, 2023 By Mark Sauter

We’ve written extensively about the SEC regulations requiring public companies to disclose material cyber events (see full regs and legal analysis of it here.) Analysis of the legal and business…

Read More “A Tale of Two Disclosures: SEC Cyber Filings from MGM and Caesars After Their Recent Hacks” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Laws & Regulations

Potential Insurance Conflicts Exposed by New SEC Cybersecurity Reporting Rules

Posted on September 20, 2023September 20, 2023 By Mark Sauter

We’ve reported extensively on the new SEC rules requiring disclosure of material cyber events by US public companies (see the full reg and legal analysis of it and its implications…

Read More “Potential Insurance Conflicts Exposed by New SEC Cybersecurity Reporting Rules” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Laws & Regulations

Europe’s First MGA for Cyber Insurance, Stoik, Raises €11 million ($10.7 million) from Blue-Chip Investors

Posted on September 19, 2023 By Mark Sauter

Stoik calls itself the “first MGA in Europe to empower brokers by providing their (SME) clients with insurance policy and protection against cyber risks.” “The fresh investment will support the…

Read More “Europe’s First MGA for Cyber Insurance, Stoik, Raises €11 million ($10.7 million) from Blue-Chip Investors” »

Cyber Insurance, Cyber Insurance Investments and M&A, Cyber Insurance Tech, Reinsurance

Axis Re Joins Movement to Standalone Cyber Insurance Policies

Posted on September 18, 2023September 18, 2023 By Mark Sauter

The downside of blended insurance policies that include cyber with other coverage is well known. Blended policies can complicate underwriting and diversification and even create confusion and conflict between different…

Read More “Axis Re Joins Movement to Standalone Cyber Insurance Policies” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Reinsurance

Cowbell Partnership Makes its Cyber Insurance Easier to Buy Now, Harder in Future if Markets Change

Posted on September 16, 2023September 16, 2023 By Mark Sauter

Cowbell, a cyber insurance pure-play that targets small-and-medium businesses, has announced a new partnership to make it faster and easier for partners such as brokers and MGAs to sell its…

Read More “Cowbell Partnership Makes its Cyber Insurance Easier to Buy Now, Harder in Future if Markets Change” »

Cyber Insurance, Cyber Insurance Carriers & Brokers, Cyber Insurance Tech, Cyber Insurance Underwriting

The Caesar’s Attack as Reported in a Public Disclosure

Posted on September 15, 2023September 15, 2023 By Mark Sauter

We’ve told you about the new SEC rules requiring disclosure by public companies of material cyber attacks within four business days. The rules are still being phased in, but Caesars…

Read More “The Caesar’s Attack as Reported in a Public Disclosure” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Regulations, Ransomware Insurance

Effort To Standardize Cyber Insurance Risk Launched by Moody’s RMS & Partners

Posted on September 15, 2023September 15, 2023 By Mark Sauter

Moody’s RMS, a leading provider of risk modeling for the insurance industry, has formed the Cyber Industry Steering Group, designed to address underwriting and other constraints in the cyber insurance…

Read More “Effort To Standardize Cyber Insurance Risk Launched by Moody’s RMS & Partners” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Industry Groups, Cyber Insurance Threats, Cyber Insurance Underwriting, Reinsurance

Large Public Company Expands Cyber Insurance Offerings

Posted on September 14, 2023September 14, 2023 By Mark Sauter

The team at Arch Insurance, part of the nearly $30b market-cap Arch Capital Group (ACGL), has announced Arch CyPro, its new primary cyber insurance offering. “Our dedicated claims experts and…

Read More “Large Public Company Expands Cyber Insurance Offerings” »

Cyber Insurance, Cyber Insurance Carriers & Brokers, Cyber Insurance Tech, Cyber Insurance Underwriting

A Good Cyber Report Card Can Earn Companies Insurance Discounts: SecurityScorecard & Measured Analytics

Posted on September 13, 2023September 13, 2023 By Mark Sauter

SecurityScorecard generates the equivalent of a credit score for a company’s cyber security (see below). Measured Analytics and Insurance will use (good) cyber scores to provide coverage discounts, as well…

Read More “A Good Cyber Report Card Can Earn Companies Insurance Discounts: SecurityScorecard & Measured Analytics” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Tech

Are Ransomware Gangs Trustworthy?

Posted on September 12, 2023September 12, 2023 By Mark Sauter

Cyber Insurance News has wondered how often ransomware gangs — groups of criminals often supported by hostile foreign powers — can be trusted. We asked Jennifer Coughlin of Mullen Coughlin,…

Read More “Are Ransomware Gangs Trustworthy?” »

Cyber Insurance, Cyber Insurance Carriers & Brokers, Cyber Insurance Laws & Regulations, Cyber Insurance Policies & Strategies, Cyber Insurance Threats, Ransomware Insurance

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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