The Leading Source for Cybersecurity Insurance News, Insights and Data
[paywall may apply] AIG, Berkley One, Chubb, Cincinnati Insurance Cos., PURE Insurance and State Farm offer personal cyber insurance add-ons to homeowners/renters insurance. Stand-alone policies are also available from various…
“Cyber insurance will undergo an identity crisis,” says the Financial Services Information Sharing and Analysis Center (FS-ISAC), the cyber intelligence-sharing community for financial services. “(S)ome financial sector firms are beginning…
Read More “Financial Sector Chafes at Cyber Insurance Costs & Requirements: Industry Report ” »
For reference, our post on “Skinny Cyber Insurance” for smaller companies with limited cybersecurity resources that need to prove coverage to their supply chain partners. “’The coverage that these companies would…
Read More “A Step toward “Skinnier Cyber Insurance?” Marsh Lowers Threshold for Cyber Coverage” »
“A new scheme involves demanding that the target provide details of its cyber insurance policies so that the payment demands can be adjusted to fall within the coverage the victim…
Read More “Psst… Hackers Try to Team Up with Insured Against Cyber Carriers ” »
Tax, audit and advisory firm Grant Thornton has ideas. “Some sort of shared access, as opposed to aggregated purchasing, may gain some of the advantages without triggering these issues (challenges…
Read More “PEGs Want Their Portfolio Companies to Have Cyber Insurance. But What’s the Best Way?” »
Peter Hedberg, Vice President of Cyber Underwriting at Corvus Insurance, worries the hackers may benefit more in the short term: “Chat GPT removes a lot of markers because the answers…
Read More “Will AI Help the Hackers or Cyber Carriers More?” »
This TechTarget article includes results from the useful Delinea white paper: “Cyber Insurance – If You Get It, Be Ready to Use It.” “(Kurtis Minder, CEO of cybersecurity vendor GroupSenseMinder)…
Read More “Cyber Insurance Carriers Increase Role in Incident Response and Not Everybody’s Happy ” »
“Built on Coalition’s proprietary data collection platform and knowledge graph, which captures 48 trillion monthly events, the Active Cyber Risk Model offers a more accurate picture of cyber risk for…
Read More “What’s the Worst Case for a Catastrophic Cyber Attack? Coalition Has Been Modeling It ” »
Eos is investing $5m in Fenix24; valuation was not released. The investment demonstrates growing industry focus on “right of the boom” cybersecurity technology — loss management for when pre-breach underwriting…
Maryland’s Atlantic General Hospital was hit at the end of January by a ransomware attack that disrupted operations, but did not penetrate electronic health records, which had a separate host,…
Read More “Hacked Hospital Says Prep to Qualify for Cyber Insurance Helped in Ransomware Attack ” »