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“’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…
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…
Read More “AWS’ New Cyber Insurance Program: Some Useful Insights” »
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…
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 @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…
Read More “Google Exec Makes the Case for a Federal Cyber-Insurance Backstop” »
“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…
“In a new report, CyberCube conducted an analysis of cyber cat events and documented over 100 global cyber aggregation events with catastrophic potential over the past six years – equating…
Read More “World Dodged 100 Potentially Catastrophic Hacks Over Past 6 Years: CyberCube ” »
“While many companies have already started to incorporate general disclosure of cyber liability insurance in their discussion of cyber risks, we should expect to see this continue, especially as coverage…
Read More “Expect More Disclosures from Public Companies Concerning Their Cyber Insurance ” »
“That’s where tactics like double extortion come in. With double extortion, a cybercriminal might ask for a ransom before they provide a decryption key while also threatening to leak sensitive…
Read More “Hackers Get Trickier as Companies & Cyber Insurers Improve Their Defenses ” »
“…Corvus Signal™, the risk prevention solution that brings together brokers, policyholders, and Corvus security experts in partnership. Corvus Signal has been shown to reduce cyber breach frequency and cost by…