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“Multiple outlets reported Wednesday that DC Health Link suffered a data breach earlier this week. The company confirmed to Nextgov that data for select DC Health Link customers had been…
A new French law, which kicks in April 24, requires companies to report cyber incidents to authorities within 72 hours or lose their eligibility for cyber insurance reimbursement. Qu’est-ce qui…
Read More “Sacre Bleu! New French Cyber Law Makes US Regs Look Clear In Comparison ” »
Yes, says a senior Alphabet executive. [Paywall may apply] “Some carriers, wary of the claims they could face if providers suffer a sustained outage due to a hack, have started…
Read More “Carriers Starting to Exclude Cloud Companies from Cyber Insurance? ” »
“Speaking with Artemis, Hannover Re senior executives Silke Sehm and Henning Ludolphs explained that tapping into the insurance-linked securities (ILS) market for cyber retrocessional reinsurance capacity is a priority and…
Read More “Hannover Re Joining Industry Movement Toward Cyber ILS and CAT Bonds” »
Expenses caused by increasingly aggressive government regulators… “With regulators such as the FTC increasing cybersecurity enforcement, regulatory defense coverage is increasingly important. Enforcement actions can result from security failures to…
Read More “One More Coverage Gap for Buyers of Cyber Insurance to Worry About ” »
“Increasing complexity within the cyber insurance market is raising questions over its viability as a business investment. Here are 7 reasons why an organization may be advised to avoid or…
The program comes from CloudCover, provider of AI-driven network security detection tech, with Hylant Global Captive Solutions. “Stephen Cardot, CEO of CloudCover, commented: ‘Unlike conventional cyber insurance offerings, the CloudCover…
Of those hit by ransomware attacks: “26% took the hardline approach of not paying any of the ransom demand. Another 11% chose not to pay themselves but allowed an insurance…
Read More “In 74% of Ransomware Attacks, the Crooks Got At Least Some $: Arctic Wolf Survey” »
CFC offers cyber-insurance policy encryption to prevent crooks from learning how much your carrier would pay in an attack. “James Burns, Head of Cyber at CFC, said, ‘Our goal is…
[Yes, we didn’t know that’s North Dakota’s office nickname.] How to help state/local governments improve their cybersecurity when cyber employees are scarce, threats many and insurance expensive? An innovative approach…