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“MFA (Multi-Factor Authentication) is good and everyone should use it where they can to protect valuable data and systems (says security expert Roger A. Grimes.) Unfortunately, the insurance industry and…
Read More “Does the Cyber Insurance Industry Overrate MFA? ” »
“(T)he biggest risk hasn’t yet materialized: a cyberattack against a company or information services system so important to an economy, or to society as a whole, that it reaches systemic…
Read More “Cyber Insurers Try to Plan for “Catastrophic Events:” WSJ” »
“There has been a huge increase in the number of insurers that specifically exclude cyber events that affect digital building systems, such as HVAC, lighting, elevator, parking, and access control,…
Read More “Smart-Building Landlords Not So Smart About Cyber Insurance? ” »
A key one is increasing awareness, and acceptance, by companies that they cyber insurance… “‘There really was a lot of questioning in years past of, is this a necessary product?…
Read More “There Are Cyber Insurance Trends to be Thankful for this Holiday Weekend: Law360” »
Problem is that insurers have been trying to avoid payments for “acts of war,” leading to high-profile court cases, including one in which Zurich settled a claim involving a Russian-linked…
The new deadline to comment on the issue is December 14th. “Pursuant to a recommendation from the Government Accountability Office, under direction from Congress to investigate the question, the agencies…
Australia’s Home Affairs Minister said the government is considering just such a move, following a dramatic ransomware attack (where the victim did not pay ransomware and had no cyber insurance). …
Financial terms of the transaction were not released. Boxx appears to have wanted the target’s cybersecurity talent as well as the company & its IP. Templarbits CEO/co-founder will head up…
The growing legal and technical complexities of cyber insurance policies might be addressed by a simpler process. “’In this respect, we see an interesting trend that we definitely follow and…
Read More “Time for a “Parametric Approach” to Cyber Insurance? ” »
Josephine Wolff offers the critique in her well-researched book, Cyberinsurance Policy: Rethinking Risk in an Age of Ransomware, Computer Fraud, Data Breaches, and Cyberattacks (MIT Press, 2022). Are insurers and…
Read More “Growing Reliance on Stand-Alone Cyber Insurance Policies Questioned by New Book ” »