Mark Sauter

Mark Sauter's insights on the financial, policy and security elements of cyber insurance are based on years of experience in the investment banking, media and business worlds. Co-author of the McGraw Hill university textbook "Homeland Security: a Complete Guide," Sauter was also a consultant to one of the world's largest software companies and served as a US Army Special Forces and infantry officer.

Local Media Reports on Cyber Insurance Issues Involved in Hack of Oakland

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Oakland was hit with a ransomware attack attack in May and the fall out continues, along with what to us is a surprising, and positive, focus by local media on the city’s cyber insurance coverage. The most recent reporting reveals the city has apparently failed to notify many citizens that their personal information was revealed … Read more

Cyber Insurance Helps Hospital Recover from Hack & Identify Location of Stolen Data

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“This past summer’s cyber attack on (New York state’s) Claxton-Hepburn Medical Center in Ogdensburg and Carthage Area Hospital consumes CEO Rich Duvall’s day-to-day job…Not paying the ransom, dealing with the hack almost daily with rebuilding a system, paying lawyers, and working with the IT team and consultants has to be costly,” this article reports. The … Read more

Guardz Raises $18 million A-Round to Turn MSPs into Cyber Insurers

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There are plenty of tech companies that provide cybersecurity platforms to MSPs and a number of cyber liability insurance providers who work with MSPs. Guardz is combing the two services. “Guardz’s comprehensive cybersecurity protection enables MSPs to offer their clients cyber insurance, which was previously inaccessible due to a lack of cybersecurity controls, generating an … Read more

AWS Takes Next Step in its Cyber Insurance Program with Leading Cyber Brokers & Carriers

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AWS will now share security data of companies it serves when they request to be connected with cyber insurance brokers and insurers. The members of this ecosystem predict it will cut the time to obtain cyber liability insurance from weeks to days and potentially offer discounts of up to 15%. “Through AWS’s Cyber Insurance Competency … Read more

Ascot Insurance to Use Zywave Platform for Inland Marine Quoting and Underwriting

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Ascot will use Zywave’s ClarionDoor technology, an “API-first rating, quoting and issuance platform for admitted and E&S insurance accounts.” Insurtech Zywave provides platforms to connect insurers and agents/brokers. Read the release here. The announcement does not focus on cyber, but Ascot offers that line, which is a major focus of Zywave. Ascot Insurance is a … Read more

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