The Source for Cyber Insurance News, Insights and Data
Mullen Coughlin LLC, a global data privacy and security law firm, announced the addition of Thomas I. Moran, CIPP/US, as a Partner in its Incident Response practice in Ohio. This expansion brings the firm’s team to over 130 attorneys, enhancing their capacity to serve clients and the cyber insurance industry in a rapidly changing data … Read more
Coverdash has partnered with Drata, a security and compliance automation platform. This collaboration aims to automate the cyber insurance component of SOC-2 compliance, significantly simplifying the process for businesses. SOC-2 compliance, developed by the American Institute of CPAs (AICPA), is a voluntary framework that ensures companies securely manage customer data to protect privacy and confidentiality. … Read more
In response to the European Union’s stringent new Network and Information Security Directive cybersecurity regulations (NIS2), Bitsight, a global cyber risk management firm, has announced significant investments to enhance its third-party risk management solutions in Europe. These investments aim to help businesses comply with the NIS2 Directive, which mandates stronger cybersecurity measures and improved risk … Read more
In a world where “your papers are not in order” can spell disaster for any public company, AXA XL is stepping up to the bureaucratic challenge with a new cyber insurance endorsement. This coverage aims to tackle the financial hurdles of adhering to the U.S. Securities and Exchange Commission’s (SEC) stringent cyber incident reporting requirements. … Read more
“The impact of GenAI on the cyber landscape is likely to increase the frequency, severity, and diversity of smaller scale cyber attacks, which will grow over the next 12-24 months, followed by a plateauing as security and defensive technologies catch up to counterbalance their impacts,” predicts the report, “Generative AI: Transforming the Cyber Landscape.” The … Read more