The Source for Cyber Insurance News, Insights and Data
“‘We went through cyber insurance and also crime insurance and between the two out of the $312,000 fraudulent … we’re recuperating $307,000, so though there will be a $5,000 loss to the district,’ she explained during the business manager reports period. ‘But thankfully, that’s a lot less than we anticipated that it could have been.’” … Read more
“The first is company mapping, which is equivalent to a company’s ancestral tree. Understanding parent entities and subsidiaries and how they work together inform cyber integrity. The second type is technographic data, which showcases the technologies, services, and data centers that the company relies on. Digital asset data is commonly used to understand the scale … Read more
“Business owners need guidance rather than a federal reinsurance backstop to help them navigate an increasingly volatile cyber insurance market, a panel of experts said recently.” Source: For Now, No Need for Federal Cyber Reinsurance Backstop: Experts
“Are we de-facto targets? By D. Kellus Pruitt DDS Have you purchased cyber insurance yet, Doc? If you are a HIPAA covered entity, you’re going to need it. Press release: “AIG among insurers see…” Source: Cyber Insurance for Dentists? | The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants
Must be a lawyer. Duties include: “Advise clients of their claim related obligations under the policies and establish client-specific claims management procedures Provide claims advocacy on behalf of clients by providing written responses to carrier coverage positions and by negotiating favorable claim resolutions” Source: Senior Cyber Claims Advocate at Willis Towers Watson / Insurance Journal … Read more