Cyber Insurance for Government

58% of Federal Contractor Cyber Breaches Linked to Third Parties: National Security at Risk

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Alarming Statistics: The Call is Coming from Inside the House SecurityScorecard’s latest report reveals a staggering 58% of cyber breaches impacting top U.S. federal contractors originate from third-party vulnerabilities. This rate of federal contractor cyber breaches is double the global average and reflects serious weaknesses in managing external risks. The issue evokes the classic horror … Read more

“What’s the Number of Our Cyber Insurance Broker?” School Districts Across North America Ask After PowerSchool Hack

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“’You should certainly interact with your (cyber) insurance brokers in that regard and speak with them about the best circumstance for you,’ (PowerSchool Chief Legal Officer Michael) Bisignano” has been advising clients of the firm, which this month began alerting clients of its recent breach. How the PowerSchool Hack and the Need for Cyber Insurance … Read more

Better Late Than Never & Better Insured Than Not: NY Town Announces Hack & Expected Recovery from Cyber Insurance for Government

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The town of Webster, NY has announced it lost more than $520,000 in a phishing attack in November, but says local police have recovered $300,000 of the stolen money and its cyber insurer is expected to cover another $240,000 under the town’s cyber insurance for government. The incident has been described as a phishing attack, … Read more

CISA’S Jen Easterly: Federal Cloud Security Must Evolve to Thwart Modern Threats

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In a decisive move to bolster cloud security, CISA unveiled Binding Operational Directive 25-01, targeting vulnerabilities that expose federal civilian agencies to cyber threats. “Recent cybersecurity incidents highlight the significant risks posed by misconfigurations and weak security controls, which attackers can use to gain unauthorized access, exfiltrate data, or disrupt services,” said CISA Director Jen … Read more

The Grand Jury Says: Get Cyber Insurance

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The San Diego County Civil Grand Jury exists to “represent the citizens of San Diego County by investigating, evaluating, and reporting on the actions of local government and special districts.” Its new report gauges efforts by the San Diego County Office of Education (SDCOE) and local school districts to handle cyber security and how they … Read more

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