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“This CSA (Cybersecurity Advisory, from last month) provides an overview of Russian state-sponsored cyber operations; commonly observed tactics, techniques, and procedures (TTPs); detection actions; incident response guidance; and mitigations. This…
Read More “Useful & Detailed Primer on Russian State-Sponsored Cyber Threats (from @CISAgov)” »
The lesson Moline had already heeded was to have cyber insurance. Tokio Marine paid out $404,764 for losses the city suffered in a phishing scheme that directed wire transfers to…
Read More “Did This Illinois Town Learn Its Lesson After Cyber Scam That Cost Over $400,000? ” »
“But there is currently no good way for talking about and dividing up the different impacts of a single piece of code in the context of insurance claims, so the…
Read More “How “Far Away” Does the War Need to Be for Cyber Insurance Exclusions to Apply? ” »
“NordPass will now be incorporated into Cowbell Rx, Cowbell’s referral platform for cyber security solutions and risk management, as part of the deal. Policy holders will also be offered a…
Read More “Tech + Cyber Insurance: Password Manager NordPass Partners With Cowbell” »
“‘Cyber insurance is a unique partner in the pursuit of comprehensive digital risk management,’ said Patrick Donahue, Director of Product at Cloudflare. ‘At-Bay is dedicated to incentivizing their customers to…
“The affordability of cyber insurance was flagged as a concern by US-based News Corp when it reported a cyber attack earlier this month. The group said: ‘The company cannot be…
“Specifically, the proposal would: ● Require advisers and funds to adopt and implement written policies and procedures that are reasonably designed to address cybersecurity risks; ● Require advisers to report…
Company rebounded in 2021 after 2020 loss due in part to claims for COVID-related event cancellations. “Beazley…had a combined ratio – a key measure of an insurer’s profitability – of…
Read More “Cyber Insurance Helps Beazley Get Back to Profitability? ” »
“FI CyberCrime Plus, which is focused on banks with balance sheet assets of $10 billion to $100 billion, anticipates limits of $25 million to $35 million, according to the broker.”…
Read More “New Aon Product for Banks Combines Cyber, Crime & Professional Liability ” »
Law firm Lowenstein Sandler warns: “If these subrogation actions ‘stick,’ policyholders should expect that once a cyber claim is paid by an insurer, that will not be the end of…
Read More “Cyber Policyholders Better Plan Ahead for Subrogation Actions Following a Hack ” »