New Cyber Claims Guide from Aon & Crawford
“Crawford’s global head of Cyber Paul Handy says organisations should focus not only on risk prevention but also preparedness in the event of a cyber incident, and a key part…
Resilience Cyber Closes $80M Series C Round
“The funding round was co-led by General Catalyst and Corey Thomas of Rapid7, with participation from Lightspeed Venture Partners, Founders Fund, Charles River Ventures, Shield Capital and Intact Ventures.” Source:…
Feds Give Banks 36-hour Deadline for Reporting “Material” Cyber Incidents
Our prediction is plenty of wrangling on the definition of “materiality.” “The new requirement applies to any cybersecurity incidents that are expected to materially impact a bank’s ability to provide…
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Cyber Insurance Goes to College
Universities may have weaker security controls than companies of the same size but offer troves of student and research info…”Katherine Mayer, associate vice president for information security at the University…
Use Microsoft 365 and Get Cyber Insurance Discount; Tech Companies Team with Cybersecurity Insurance Providers
Microsoft teaming with At-Bay. Google Cloud previously announced similar collaboration with Allianz and Munich Re. Source: Microsoft’s Ann Johnson Talks MFA, Cyber Insurance, and Crystal Balls – SDxCentral
London’s Emergin Risk Hires George Paraskeva As Cyber Practice Leader
“Paraskeva has experience in both cyber insurance and the wider cybersecurity industry, having held senior positions in the insurance market since 2014. Paraskeva previously worked for BAEW Systems’ cybersecurity practice.”…
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Solutions for Healthcare Organizations Seeking or Maintaining Cyber Insurance
“One of the numerous requirements is for organizations to implement and run a PAM (Privileged Access Management) tool that will continuously scan access, provides Just In Time Access (JITA), and…
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Coalition’s Valuation Doubles in Six Months as VCs Continue to Fund Cyber Insurance Players
“Coalition is not the only cyber insurer this year to attract the attention of venture capital. In March—the same month Coalition announced its Series D—Boston-based Corvus Insurance announced a $100 million Series…
Brokers & Clients Continue to Lack Knowledge to Make Good Cyber Insurance Decisions: Insurance Business America
“One broker noted that ‘the insurance industry has done a really poor job on educating brokers and, more importantly, clients about how important cyber coverage is, how great the risk…
School District Gets Cyber + Crime Insurance Payment After Cyber Scam
“‘We went through cyber insurance and also crime insurance and between the two out of the $312,000 fraudulent … we’re recuperating $307,000, so though there will be a $5,000 loss…
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