Sophos Security Teams with Cowbell
Summarized from the press release: Sophos has joined forces with Cowbell to provide small and medium-sized enterprises (SMEs) with an easier way to access cyber insurance. The partnership allows Sophos…
Will AI Help the Hackers or Cyber Carriers More?
Peter Hedberg, Vice President of Cyber Underwriting at Corvus Insurance, worries the hackers may benefit more in the short term: “Chat GPT removes a lot of markers because the answers…
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Cyber Insurance Carriers Increase Role in Incident Response and Not Everybody’s Happy
This TechTarget article includes results from the useful Delinea white paper: “Cyber Insurance – If You Get It, Be Ready to Use It.” “(Kurtis Minder, CEO of cybersecurity vendor GroupSenseMinder)…
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What’s the Worst Case for a Catastrophic Cyber Attack? Coalition Has Been Modeling It
“Built on Coalition’s proprietary data collection platform and knowledge graph, which captures 48 trillion monthly events, the Active Cyber Risk Model offers a more accurate picture of cyber risk for…
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Hacked Hospital Says Prep to Qualify for Cyber Insurance Helped in Ransomware Attack
Maryland’s Atlantic General Hospital was hit at the end of January by a ransomware attack that disrupted operations, but did not penetrate electronic health records, which had a separate host,…
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Many Mid-Sized Companies That Are Required To Have Cyber Insurance Don’t: Survey
Huntress Labs, and MSP, had the survey conducted. It involved 256 “mid-sized businesses” with app. 250-2,000 employees each. “Carrying cyber insurance coverage was a key issue for respondents. While 69%…
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Insurance for When Real-Life Thieves Attack Your Virtual Game
“From mastering complex quests in mythical lands to outmaneuvering opponents in virtual battlefields, gaming has captured the hearts of millions worldwide. But what happens when a gamer’s account is compromised…
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Carriers Starting to Exclude Cloud Companies from Cyber Insurance?
Yes, says a senior Alphabet executive. [Paywall may apply] “Some carriers, wary of the claims they could face if providers suffer a sustained outage due to a hack, have started…
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Hannover Re Joining Industry Movement Toward Cyber ILS and CAT Bonds
“Speaking with Artemis, Hannover Re senior executives Silke Sehm and Henning Ludolphs explained that tapping into the insurance-linked securities (ILS) market for cyber retrocessional reinsurance capacity is a priority and…
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Coalition Honeypots Attract Hacker Killer Bees
“Computers specially configured (by Coalition) to make cyber criminals think they were small businesses operating in London were attacked by hackers over 2,000 times every minute this January.” Most attacks…
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