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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 ” »
“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…
Read More “Insurance for When Real-Life Thieves Attack Your Virtual Game” »
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…
Read More “Carriers Starting to Exclude Cloud Companies from Cyber Insurance? ” »
“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…
Read More “Hannover Re Joining Industry Movement Toward Cyber ILS and CAT Bonds” »
“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…
Read More “Coalition Honeypots Attract Hacker Killer Bees ” »
The company’s 2022 results showed a 48% drop in “profit before taxes,” which it attributed to investment challenges. But cyber continues to grow. “Cyber Risks continued to see strong rate…