The Source for Cyber Insurance News, Insights and Data
The UK government has released a landmark report on the nation’s cyber future. The study, A UK cyber growth action plan – final report, sets out a detailed growth plan and highlights urgent needs for resilience. It comes from experts at Bristol University and Imperial College London and was presented to Parliament this week. The … Read more
We scour the internet for perspectives on cyber insurance. This morning, we came across a timely Iowa Bar Blog post: “AI exclusions are creeping into insurance: But cyber policies aren’t the issue (yet).” Cyber Insurance Holds Firm Artificial intelligence is reshaping risk management, and insurers are rewriting policies. Cyber insurance remains stable. The blog notes, … Read more
States Step Up on School Cybersecurity as Attacks Surge – K-12 schools across the U.S. face mounting cyber threats. Like businesses, they face an onslaught of ransomware, phishing, and data breaches that disrupt classrooms and community services. A new report highlights how states are moving to close the security gap. School Cyberattacks – A Breach … Read more
We’ve reported that insurance giant Aflac filed an SEC 8-K form in June to disclose that a hacker had used “social engineering” to gain “unauthorized access to its network.” Interestingly, at least for cyber insurance nerds such as us, Aflac did not file an “Item 1.05” 8-K for a “material” cyber event, but rather an … Read more
We’ve long covered the SEC’s regulation requiring public companies to disclose serious cybersecurity incidents in an 8-K filing. See several updates and the text of the cyber disclosure regulation here. A common theme since the rules were released in 2023 has been confusion about when cybersecurity 8-Ks must be filed. The rules seem straightforward on … Read more