Mark Sauter

Mark Sauter's insights on the financial, policy and security elements of cyber insurance are based on years of experience in the investment banking, media and business worlds. Co-author of the McGraw Hill university textbook "Homeland Security: a Complete Guide," Sauter was also a consultant to one of the world's largest software companies and served as a US Army Special Forces and infantry officer.

CloudCover® Says It’s First With Cyber Insurance that Covers Data in Motion

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“Data in motion is the most valuable data for companies. It’s also the data that carries the most risk for network security,’ says Stephen Cardot, founder and CEO of CloudCover. ‘Cyber insurance should be proactive risk management, not proactive disaster recovery, and our Cybersecurity Network Data Insurance utilizes the data derived from the CC/B1 about a company’s cyber risk to … Read more

Cyber Incident and Reporting Act Signed by President Biden 

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Where reporting requirements exist, lawsuits follow. “The Cyber Incident Reporting Act puts in motion important new cybersecurity reporting requirements that will likely apply to businesses in almost every major sector of the economy, including health care, financial services, energy, transportation and commercial facilities.” Source: Biden Signs Cyber Incident and Reporting Act, Requires Reporting

This Promotion at AGCS Cyber Insurance May Make You Feel Old 

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The cyber insurance market has now been around long enough that, to use the lingo, “native” cyber insurance pros are now climbing the career ladder. “Tresa Stephens has been promoted to regional head of cyber, tech and media in North America at Allianz Global Corporate & Specialty (AGCS) and she recently spoke to Insurance Business about her new … Read more

Cowbell Closes $100 Million B Round; CEO Discusses Growth Stats

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“But Jack Kudale, the founder and CEO, tells me that it’s projecting its policy holder base to grow three-fold in the next 12 months, to 35,000-40,000 customers (which would imply something around 17,000-20,000 businesses currently), and that its premium run rate (the insurance industry’s revenue run rate equivalent) has grown 40x this year, to $200 … Read more

 At-Bay Spending Some of Last Summer’s $185m D Round on Office Space

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“The cyber insurance provider leased the entire eighth floor of the 12-story Flatiron District (W. 24th) building, according to Kaufman. The landlord didn’t disclose the length of the lease, but said the asking rent was $72 per square foot.” K SF to Cyber Insurance Firm At-Bay – Commercial Observer

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