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Interesting that the first announced application is for enhanced broker and customer service, versus direct cyber risk purposes. The InsurTech cyber insurance provider does note it’s working on AI-related cyber…
Read More “Coalition Touts New AI Tools for Cyber Insurance ” »
“Cyber insurance will undergo an identity crisis,” says the Financial Services Information Sharing and Analysis Center (FS-ISAC), the cyber intelligence-sharing community for financial services. “(S)ome financial sector firms are beginning…
Read More “Financial Sector Chafes at Cyber Insurance Costs & Requirements: Industry Report ” »
For reference, our post on “Skinny Cyber Insurance” for smaller companies with limited cybersecurity resources that need to prove coverage to their supply chain partners. “’The coverage that these companies would…
Read More “A Step toward “Skinnier Cyber Insurance?” Marsh Lowers Threshold for Cyber Coverage” »
“The nation boasts a thriving cyber insurance sector that is predicted to become a $20-billion industry by the middle of the decade, with the 10 largest cyber insurers accounting for…
Read More “America’s Top Cyber Insurance Companies — the Rankings May Surprise You ” »
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…
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…
Read More “Will AI Help the Hackers or Cyber Carriers More?” »
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)…
Read More “Cyber Insurance Carriers Increase Role in Incident Response and Not Everybody’s Happy ” »
“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…
Read More “What’s the Worst Case for a Catastrophic Cyber Attack? Coalition Has Been Modeling It ” »
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,…
Read More “Hacked Hospital Says Prep to Qualify for Cyber Insurance Helped in Ransomware Attack ” »
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%…
Read More “Many Mid-Sized Companies That Are Required To Have Cyber Insurance Don’t: Survey ” »