Bug Bounties Go Into Orbit
“Hack-A-Sat is a Capture the Flag (CTF) competition designed to inspire the world’s top cybersecurity talent to develop the skills necessary to help reduce vulnerabilities and build more secure space…
Cyber Insurers Grapple with AI Deepfakes
Bad actors are sure to harness AI for a range of attacks, including some we cannot even envision today. Meantime, fraudulent instruction scams appear to be increasing. “In early June,…
It’s Tough to Make Predictions Concerning the Cyber Insurance Market — Especially About the Future
We’re sorry to paraphrase Yogi Berra about predictions, but he’s right. According to the report, the first cyber policy was offered by AIG in 1997. “’It’s going somewhere, what we…
5 Best Cyber Insurance Companies: Money Magazine
The list: Hiscox: Best for Startup Businesses Zurich North America: Best for Midsize Businesses Chubb: Best for Enterprises Travelers: Best Cyber Liability Coverage The Hartford: Best for High Policy Limits…
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Use Our Security Technology and Reduce Your Self-insured Claim Retention by 25%: Corvus
“’Corvus is the trusted, long-term cyber risk partner for our policyholders. We are constantly monitoring emerging threats and using the signals and data we have to recommend actionable measures to…
AWS’ New Cyber Insurance Program: Some Useful Insights
See the AWS insurance site here. “Amazon Web Services is diving headfirst into the cyber insurance industry by launching a new program that guarantees customers a security insurance quote within…
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New Quoting Platform from World’s Largest Public Insurance Company Sure to Accelerate Growth of Stand-alone Cyber Policies
Chubb calls itself the “world’s largest publicly traded property and casualty insurance company” and it’s now making a significant move involving stand-alone cyber insurance. “Chubb has launched Cyber Central, an…
Cyber Experience Counts: Lori Bailey Recruited by AXIS as Head of Growth for Global Cyber and Technology
Industry observers often write about the paucity of historical loss data to help underwrite cyber insurance. Insurtech platforms are helping close the gap by collecting massive amounts of cyber security…
Google Exec Makes the Case for a Federal Cyber-Insurance Backstop
Google exec @MonicaShokrai details the benefits of such a federal policy, including attracting more capital to the cyber insurance market: “Broadly speaking, insurance can drive resilience as a society: Not…
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Watch Out for “Long-Tail” Cyber Claims: WSJ
“Financial settlements with regulators and affected customers can sometimes rise into the millions of dollars and take several years to resolve. For example, claims from the 2013 breach at retailer…