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.

Gap Opening Between D&O and Cyber Insurance

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“’There’s been a hole that’s opening up between cyber and D&O policies, and this will widen the gap and require creative work by brokers to close, (Arturo Perez-Reyes, senior vice president and cyber strategist at San Francisco-based Newfront Insurance) said.” The causes include the recent SEC cyber regulations, about which we’ve written extensively. The required … Read more

Cyber Insurers Doing Well, Cyber Reinsurers Not So Much: S&P

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Consistent with other recent reports, S&P Global Ratings finds global cyber insurance premiums surging, about $12 billion last year and headed to almost twice that by 2025. At the same time, increases in premium rates have moderated. The cybersecurity market has “returned to profitability,” accord to S&P. The news is less positive concerning reinsurers, which … Read more

Cyber Insurance May Cost More this Year, But at Least it Takes Longer to Get: Delinea

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Our headline is a bit sarcastic, but it captures the findings of a survey covering more than 300 enterprises by Delinea, a provider of Privileged Access Management (PAM) solutions. The report provides insights on cyber insurance cost and time required to get a policy. The survey reports that almost 80% of companies saw their cyber … Read more

Does Your Cyber Insurance Cover Risk from Pixels & Biometrics?

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It should but may not, according to this report. There’s legal risk from pixels and biometrics. Pixels track users’ online activities and are the source of growing litigation, including large class actions against Meta. Biometrics support useful security technologies, but often require written consent from users, who may also need to be informed about the … Read more

Only a Quarter of Enterprises With Cyber Coverage Have Standalone Policies?

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So says a new Forrester report. “While Forrester data showed that most enterprises had some kind of cyber insurance coverage, only 26% had a standalone policy.” Read more here. This contrasts with reports, such as this one from AM Best, that “(m)ore than 70% of cyber premium is written on standalone policies…” The gap may … Read more

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