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The Growing Importance of Actuaries in Cyber Insurance & Cybersecurity

Posted on December 12, 2024December 12, 2024 By Mark Sauter

Actuaries get teased for what some outsiders see as a boring job. But a new report makes clear that actuaries are increasingly part of the interesting, sometimes even exciting, world…

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Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Industry Groups, Cyber Insurance Jobs, Cyber Insurance Reports, Cyber Insurance Systemic Risks, Cyber Insurance Underwriting, Risk Modeling

EU Gives Itself Passing Grade, Barely, on Cybersecurity — New Report from European Union Agency for Cybersecurity (ENISA)

Posted on December 6, 2024December 6, 2024 By Mark Sauter

The “2024 Report on the State of Cybersecurity in the (European) Union” is the first report from the European Union Agency for Cybersecurity (ENISA) that provides an overall index of…

Read More “EU Gives Itself Passing Grade, Barely, on Cybersecurity — New Report from European Union Agency for Cybersecurity (ENISA)” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance EU, Cyber Insurance Reports

New Cyber Insurance Option for Start Ups & SMBs from Coverdash, Via Lending Tree

Posted on November 25, 2024November 25, 2024 By Mark Sauter

Coverdash, the insurtech broker, is now offering cyber insurance, and other covers, to start ups and SMBs via LendingTree, the large market place for business and other loans. “This strategic…

Read More “New Cyber Insurance Option for Start Ups & SMBs from Coverdash, Via Lending Tree” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance for SMEs/SMBs, Cyber Insurance For Startups, Cybersecurity for SMBs

The Next Big Thing in Cyber Insurance? Stand-Alone Insurance Policies for Losses from Using AI

Posted on November 18, 2024November 18, 2024 By Mark Sauter

You’ve seen plenty of reports on how hackers are leveraging AI to commit cyber crimes while insurers are using the technology to improve underwriting and customer service. Now experts report…

Read More “The Next Big Thing in Cyber Insurance? Stand-Alone Insurance Policies for Losses from Using AI” »

AI & Cyber Insurance, Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Reports

“Downtime”& Digital Business Interruption Insurance Offered by Parametrix

Posted on November 11, 2024November 10, 2024 By Mark Sauter

The company now offers “tailored parametric insurance solutions” to protect companies when their IT systems go down, creating business or digital system interruptions. The business interruption insurance follows the July…

Read More ““Downtime”& Digital Business Interruption Insurance Offered by Parametrix” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Claims

“The Check’s In the Mail:” Behind the Sinclair Lawsuit Against CCC/CNA and Starr Indemnity

Posted on November 3, 2024November 3, 2024 By Mark Sauter

Check out our detailed report on the cyber insurance lawsuit Fortune 500 company Sinclair Inc. has filed against CCC/CNA and Starr Indemnity, claiming the cyber insurers each owe the broadcaster…

Read More ““The Check’s In the Mail:” Behind the Sinclair Lawsuit Against CCC/CNA and Starr Indemnity” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Claims, Ransomware Insurance

Want Your Cyber Insurance Claim Paid? Sue Us, CNA and Starr Tell Sinclair Inc.

Posted on November 3, 2024November 3, 2024 By Mark Sauter

The local news is not good for broadcaster Sinclair Inc. (Nasdaq: SBGI), a Fortune 500 company known for the 185 television stations it owns or operates across the US. The…

Read More “Want Your Cyber Insurance Claim Paid? Sue Us, CNA and Starr Tell Sinclair Inc.” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Claims, Ransomware Insurance

SEC Hits Firms with Millions in Fines for Inadequate Cyber Disclosures; Sparks Dissent on Commission

Posted on October 28, 2024October 28, 2024 By Mark Sauter

Four companies have settled charges by the Securities and Exchange Commission (SEC) that they made “materially misleading disclosures” after being breached in 2020 by the SolarWinds’ Orion software hack (US…

Read More “SEC Hits Firms with Millions in Fines for Inadequate Cyber Disclosures; Sparks Dissent on Commission” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Financial Institutions, Cyber Insurance Laws & Regulations, Cyber Insurance Litigation, Cyber Regulations, Cybersecurity Investment

Cyber Insurance & Lawsuits: It’s a “Race” to the Courthouse for Cyber Litigation

Posted on October 18, 2024October 21, 2024 By Mark Sauter

Thought the risk of being sued for a cyber breach was already high? It’s getting worse, Carolyn Purwin Ryan, a partner in Mullen Coughlin LLC’s data privacy and cybersecurity practice,…

Read More “Cyber Insurance & Lawsuits: It’s a “Race” to the Courthouse for Cyber Litigation” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Claims, Cyber Insurance Litigation

Netwrix Strengthens Hybrid Security with Entra ID Integration, Aiming to Meet Evolving Cyber Insurance Requirements

Posted on October 9, 2024October 9, 2024 By Martin Hinton

Meeting cyber insurance policy demands is an evolving reality as organizations face increasing cyber threats across both on-premises and cloud environments. “In 2024, 48% of organizations had to make changes…

Read More “Netwrix Strengthens Hybrid Security with Entra ID Integration, Aiming to Meet Evolving Cyber Insurance Requirements” »

Cyber Insurance Best Practices, Cybersecurity

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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