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“After ‘careful consideration,’ county officials opted to pay the $1.1 million ransom to the unknown hacker to regain control of their system. An insurance policy ensured a payout of $511,852,…
Read More “CA County Pays Ransom; Cyber Insurer Covers Much of It ” »
The hack has led to the loss of internet in classrooms. “After three days without Internet service, Penncrest School District teachers and students are ‘getting creative,’ according to Superintendent Tim…
Read More “Back to Chalk at PA School District Hit By Ransomware ” »
New survey results from Sophos, a provider of cybersecurity as a service, provide interesting data that delineates stand-alone cyber policies from cyber elements in broader policies. “The study also revealed…
The report focuses on how cyber insurance applicants can avoid future claims nightmares by answering underwriting questions accurately. It also suggests applicants carefully consider the interaction of cybersecurity coverage with…
Read More “Pro Tip: Read Your Cyber Insurance Policy Before Signing It” »
Reported the company: “Over the last two years, the Resilience model has proven that by building a holistic approach to managing this risk, organisational security is increased dramatically. 100% of…
Read More “Everybody Using its Risk Solution Avoided Paying Ransoms in 2022: Resilience” »
New Zealand’s Latitude Financial suffered a ransomware attack, reportedly via an IT vendor. Estimates are that one fifth (!?) of New Zealand’s population had personal data exposed by the attack….
Read More “20% of Nation’s Population Has Data Stolen in Hack: Report ” »
Electric vehicles and their infrastructure will create new complexity for insurers. What if a hacker creates a massive car crash? Or a grid is taken down by malware originating in…
“The company’s new feature provides a quick and easy onboarding process that gets brokers from sign-up to receiving quotes from a selection of approved carriers in minutes, eliminating the need…
According to this report, the evolution of cyber insurance is in some ways similar to the insurance industry’s response to the dangers of steam boilers as they became more common….
Read More “What Do Cyber Insurance and Exploding Steam Boilers during the 1800s Have in Common? ” »
The cyber insurance provider to SMBs won a Global InfoSec Award from Cyber Defense Magazine in the category of Hot Cyber Insurance. “‘Cowbell embodies three major features we judges look…
Read More “What’s Hot? Cowbell, Says Cyber Defense Magazine ” »