The Source for Cyber Insurance News, Insights and Data
The Securities and Exchange Commission (SEC) has created a new cyber unit, no doubt raising questions for cyber insurers about the potential impact of the changes on their liability, including from SEC cyber regulations involving disclosure of cyber attacks. Called the Cyber and Emerging Technologies Unit (CETU), it’s been formed “to focus on combatting cyber-related … Read more
New York’s legislature has announced two new amendments and a clarification to the State’s cyber law involving data breaches, highlighting important changes in cyber regulations, reports the indispensable JD Supra. Businesses now have a 30-day deadline to notify residents impacted by covered breaches and, if the hack involves financial matters, the New York Department of … Read more
We’ve reported extensively on the SEC cyber disclosure rule that requires public companies to submit 8-K filings when they’re hit with cyber attacks. For some reason, the rule has attracted criticism from several media outlets in recent days. Earlier this week Bloomberg Law provided a critical review (under paywall) of how companies have responded to … Read more
CyberCatch Partners with CMR to Offer Cyber Insurance for CMMC Compliance CyberCatch Holdings, Inc. has introduced a no-application cyber insurance policy for businesses using its cybersecurity solution. The initiative targets small- and medium-sized businesses (SMBs) in the U.S. defense sector that must comply with Cybersecurity Maturity Model Certification (CMMC) Level 1. CMMC Compliance and Cyber … Read more
Cyber Insurance at the Forefront of Risk Management Cyber insurance remains one of the fastest-growing sectors in the insurance industry. As cyber threats escalate globally, businesses are expanding coverage to safeguard against emerging risks. The Policyholder Review 2024/25, from UK law firm Stewarts, is their first annual review of the insurance disputes landscape. The report … Read more