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We’ve told you about the new SEC rules requiring disclosure by public companies of material cyber attacks within four business days. The rules are still being phased in, but Caesars…
Read More “The Caesar’s Attack as Reported in a Public Disclosure” »
Moody’s RMS, a leading provider of risk modeling for the insurance industry, has formed the Cyber Industry Steering Group, designed to address underwriting and other constraints in the cyber insurance…
Read More “Effort To Standardize Cyber Insurance Risk Launched by Moody’s RMS & Partners” »
The team at Arch Insurance, part of the nearly $30b market-cap Arch Capital Group (ACGL), has announced Arch CyPro, its new primary cyber insurance offering. “Our dedicated claims experts and…
Read More “Large Public Company Expands Cyber Insurance Offerings” »
SecurityScorecard generates the equivalent of a credit score for a company’s cyber security (see below). Measured Analytics and Insurance will use (good) cyber scores to provide coverage discounts, as well…
Cyber Insurance News has wondered how often ransomware gangs — groups of criminals often supported by hostile foreign powers — can be trusted. We asked Jennifer Coughlin of Mullen Coughlin,…
Risk Placement Services (RPS), a national brokerage, calls itself “brokers in bold.” It recently presented its quarterly cyber update, including a report and presentations by RPS’ Steve Robinson, national cyber…
One comment heard around the world on 9/11 is “Never Forget.” This exhortation applies to more than just the memory of 9/11 victims or the continued threat of terrorism. It…
Read More “9/11 and Cyber Insurance: From the Cyber Insurance News Team” »
The Index has been established by PERILS, the Swiss-based provider of catastrophe insurance data, and CyberAcuView, an organization set up by cyber insurers. The Index will include primary losses from…
Read More “New Cyber Loss Index Tracks Systemic Incidents Impacting the Cyber Insurance Industry” »
OrthoVirginia Inc., with 105 surgeons across Virginia, was hit by Ryuk ransomware, which among other damage took down the practice’s database of X-rays. It took the organization 18 months to…
Read More “Did This Large Medical Practice Have too Much Cyber Insurance?” »
Cowbell will acquire data from Cloudflare, a provider of anti-DDOS and other security solutions to a wide range of customers. The integration will allow Cowbell to improve risk modeling and…