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Progress Software Corporation (PRGS) is the provider of MOVEit Transfer software, a program responsible for what is widely considered the largest hack so far in 2023, impacting at least 2,000…
The dawn of SEC-required cyber disclosures seems sure to increase litigation, as we’ve reported. Could the kind of cyber risk management now required by most cyber liability insurers provide some…
The world of cyber insurance and cybersecurity are as intertwined as homeowners insurance and home security. The difference? One is established and familiar. But cyber is, relatively, nascent. In a…
Interesting read in yesterday’s Las Vegas Review-Journal about a new Nevada law that protects homeowners’ online payments with cyber insurance. It went into effect on July 1, 2023. The law…
Read More “New Nevada Iaw Requires Cyber Insurance For HOAs” »
The cybersecurity landscape is evolving rapidly, and the recent SEC (Securities and Exchange Commission) rules have added a new layer of complexity for public companies. Jeremy King of Olshan Frome…
Read More “New SEC Rules: Impact on Cyber Insurance Industry” »
We’ve written extensively about the SEC regulations requiring public companies to disclose material cyber events (see full regs and legal analysis of it here.) Analysis of the legal and business…
We’ve reported extensively on the new SEC rules requiring disclosure of material cyber events by US public companies (see the full reg and legal analysis of it and its implications…
Read More “Potential Insurance Conflicts Exposed by New SEC Cybersecurity Reporting Rules” »
We’ve told you about the new SEC rules requiring disclosure by public companies of material cyber attacks within four business days. The rules are still being phased in, but Caesars…
Read More “The Caesar’s Attack as Reported in a Public Disclosure” »
Cyber Insurance News has wondered how often ransomware gangs — groups of criminals often supported by hostile foreign powers — can be trusted. We asked Jennifer Coughlin of Mullen Coughlin,…
“’There’s been a hole that’s opening up between cyber and D&O policies, and this will widen the gap and require creative work by brokers to close, (Arturo Perez-Reyes, senior vice…