The Source for Cyber Insurance News, Insights and Data
“The center will be headed by Managing Director Scott Stransky, a cyber risk and catastrophe modeler. Stransky joined Marsh McLennan earlier this year after more than a decade at AIR Worldwide. He holds a bachelor’s degree in mathematics and a master’s degree in atmospheric science, both from MIT, and his work has been published in … Read more
“One of the numerous requirements is for organizations to implement and run a PAM (Privileged Access Management) tool that will continuously scan access, provides Just In Time Access (JITA), and delivers protection when credentials are compromised.” CynergisTek (CTEK), a leading cybersecurity firm helping organizations in highly regulated industries navigate emerging security and privacy issues, announces … Read more
“One broker noted that ‘the insurance industry has done a really poor job on educating brokers and, more importantly, clients about how important cyber coverage is, how great the risk is, and how comprehensive the coverage can be if properly placed.’ Another responded that the industry also needs to be ‘educating non-tech businesses on their … Read more
“The first is company mapping, which is equivalent to a company’s ancestral tree. Understanding parent entities and subsidiaries and how they work together inform cyber integrity. The second type is technographic data, which showcases the technologies, services, and data centers that the company relies on. Digital asset data is commonly used to understand the scale … Read more
“The new central cyber underwriting team will assume global responsibility for Swiss Re’s underwriting and product development activities in the cyber sector.” The company has hired John Coletti to manage the effort. Source: Swiss Re to create central cyber underwriting team | Insurance Business