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The world’s largest public P&C insurance company, ticker “CB,” will enable $its 100m+ revenue clients to share cyber risk information via SentinelOne’s protection and response software. This is another example…
Read More “Chubb Offers Policy Holders Cyber Tech from SentinelOne” »
Insurers say ransom-related claims rose sharply in the first half of 2023, the Wall Street Journal reports in this article (paywall may apply). “Along with the rise in claims related…
Progress Software Corporation (PRGS) is the provider of MOVEit Transfer software, a program responsible for what is widely considered the largest hack so far in 2023, impacting at least 2,000…
“(M)ore than half (54%) of respondents found the current state of the cyber insurance market to be unsustainable,” reports the useful survey from KYND Limited, a provider of cyber risk…
Read More “Cyber Insurance Market is Unsustainable: KYND Survey” »
The dawn of SEC-required cyber disclosures seems sure to increase litigation, as we’ve reported. Could the kind of cyber risk management now required by most cyber liability insurers provide some…
“Clorox so far has spent $25 million to respond to a suspected ransomware attack, including hiring forensic investigators and legal and technology help. More cyber expenses are expected to arise in…
Cowbell, which offers an AI-driven cyber insurance platform for small-and-medium businesses, has been one of the most high-profile players in the emerging cyber insurance industry. The company has ramped up…
Read More “Cowbell Announces Layoffs Amid Challenges in Cyber Security Market” »
Moody’s, the credit and risk rating company, surveyed 1,700 people from debt issuers representing $80 trillion in outstanding debt across “71 global sectors.” “Despite the higher cost of cyber insurance,…
Read More “Major Debt Issuers Relatively Indifferent to Cyber Insurance Premium Hikes: Moody’s” »
The cyber insurance industry has long asserted that its underwriting processes, combined with security tech embedded in policies or supplied by third parties, will improve their clients’ security and impact…
Read More “Half of Cyber Insureds Improve Their Security As Part of Getting Policy: Survey” »
Consumer brands are known for their efforts to convert young people with the intent of making them life-time customers. BOXX appears to be doing something similar with start-ups. As the…
Read More “BOXX Aims to Capture Clients Before They Scale in New Partnership” »