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Cyber Liability and Risk Management: CISOs Tackle Challenges – Report
As cybersecurity threats continue to intensify and evolve, Chief Information Security Officers (CISOs) are grappling with significant challenges, including rising cyber liability insurance costs, the perceived inadequacy of current security…
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The Price of Complacency: Only 2% of Companies Fully Implement Cyber Resilience – PWC Survey
We witness the same pattern repeatedly: only after disaster strikes do we scramble to fix the problems we long ignored. This tendency to act after the damage is done —…
Berkshire Hathaway Expands Cyber Insurance Offerings with New DACH Region Leadership and Hamburg Office
Berkshire Hathaway Specialty Insurance (BHSI) has named Thomas Pache as Head of PI/Cyber Insurance for the DACH region—covering Germany, Austria, and Switzerland—and appointed Kim Schumacher as Senior Property Underwriter. The…
Maritime Cybersecurity Strengthened by Beacon and Akimbo’s Proactive Defense Alliance
Maritime trade is a vital component of the global supply chain, supporting the efficient movement of goods worldwide and increasingly relying on advanced technology. The industry faces increasing cybersecurity challenges…
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Cyber Insurance Sunday – Upload
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: Chubb on trust in digital payments; Resilience,…
Ransomware Response Must Evolve: Deputy National Security Adviser Calls for Ban on Ransomware Payments
Anne Neuberger, the U.S. Deputy National Security Adviser for Cyber and Emerging Technology, wrote an opinion piece in the Financial Times on the evolving nature of ransomware attacks and the…
Coalition Strengthens European Operations with Appointment of Tine Simonsen as Head of Insurance
Coalition has appointed Tine Simonsen as Head of Insurance for Continental Europe, marking a significant step in its European expansion. Coalition, known for its Active Insurance model, is enhancing its…
Majority of EU Companies Unprepared for Looming NIS2 Cybersecurity Deadline, Veeam Survey Reveals
The NIS2 Directive and deadline, set to take effect on October 18, 2024, represents a major evolution in the European Union’s cybersecurity framework, extending its regulatory reach to a broader…
Concierge Cyber Enhances Membership Benefits with $100,000 Admitted Cyber Insurance for SMEs
Small businesses are increasingly targeted by cyberattacks, accounting for 43% of incidents annually, with nearly half involving businesses with fewer than 1,000 employees. This trend has only intensified in the…