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“…39% of the survey respondents currently have a personal cyber insurance policy, and that percentage increases greatly with household income. In fact, 83% of high net worth report having a…
The 2023 U.S. Cyber Market Outlook provides useful information on issues such as the regulatory environment, causes of cyber claims, industry break-downs and some predictions for 2023. It also affirms…
“MFA (Multi-Factor Authentication) is good and everyone should use it where they can to protect valuable data and systems (says security expert Roger A. Grimes.) Unfortunately, the insurance industry and…
Read More “Does the Cyber Insurance Industry Overrate MFA? ” »
The report concerns a March 2022 attack on the Canadian tourist town of Banff, which apparently cost over $500,000. “Municipalities can be favoured targets of cybersecurity attackers because their cyber…
“(T)he biggest risk hasn’t yet materialized: a cyberattack against a company or information services system so important to an economy, or to society as a whole, that it reaches systemic…
Read More “Cyber Insurers Try to Plan for “Catastrophic Events:” WSJ” »
This report provides useful information on holiday DDOS attacks, including the specter of combined attacks that use DDOS as a diversion while launching more serious hacks. But another lump of…
A key one is increasing awareness, and acceptance, by companies that they cyber insurance… “‘There really was a lot of questioning in years past of, is this a necessary product?…
Read More “There Are Cyber Insurance Trends to be Thankful for this Holiday Weekend: Law360” »
Problem is that insurers have been trying to avoid payments for “acts of war,” leading to high-profile court cases, including one in which Zurich settled a claim involving a Russian-linked…
Concierge Cyber offers pre-arranged incident response services to small and medium businesses (along with some “pre-loss” security services, such as training). Given the imperative for companies to react rapidly to…
Read More “It’s Called the “Roadside Assistance” of Cyber Security for SMBs” »
The new deadline to comment on the issue is December 14th. “Pursuant to a recommendation from the Government Accountability Office, under direction from Congress to investigate the question, the agencies…