The Leading Source for Cybersecurity Insurance News, Insights and Data
“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…
Read More “Cyber Insurance Helps Hospital Recover from Hack & Identify Location of Stolen Data” »
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….
Read More “Guardz Raises $18 million A-Round to Turn MSPs into Cyber Insurers” »
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…
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…
Read More “Ascot Insurance to Use Zywave Platform for Inland Marine Quoting and Underwriting” »
The Cybersecurity and Infrastructure Security Agency (CISA) release announces a new partnership with Stanford’s Empirical Security Research Group and focuses on analyzing the effectiveness of security controls, with a focus…
Read More “Feds Relaunch Cybersecurity Insurance and Data Analysis Working Group (CIDAWG)” »
Marine insurance provider The Swedish Club will begin offering members maritime cyber insurance in 2024. The offering marks another addition to sector-specific cyber underwriting. “When port states and coast guards…
In recent comments, Graham Steele, Assistant Secretary for Financial Institutions at the US Treasury Department, admitted that “waiting (to launch a federal backstop of the cyber insurance industry) until after…
We’ve reported extensively on the insurance industry’s fear of “cyber war;” debate over exclusions for state-backed, systemic cyber attacks; moves by governments to backstop the cyber insurance industry for massive…
Read More “Fears of Massive Cyber War Losses are Overblown: Catastrophic Risk Expert” »
We’ve reported extensively on the challenges of the cyber insurance industry in modeling systemic risk and the related accumulation risk (insurance risk of multiple, unanticipated claims from the same or…
Read More “You’re Measuring Systemic Risk all Wrong, InsuranceERM Tells Cyber Insurance Industry” »
“Cyber Risk Accumulation: Fully Tackling the Insurability Challenge’” is a useful new report from The Geneva Association (GA), “a global association of insurance and reinsurance CEOs and think tank for…