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Forget Fender Benders — What Happens if a Carrier Insures a Car that Wrecks the Electrical Grid?

Posted on April 29, 2023April 29, 2023 By Mark Sauter

Electric vehicles and their infrastructure will create new complexity for insurers. What if a hacker creates a massive car crash? Or a grid is taken down by malware originating in…

Read More “Forget Fender Benders — What Happens if a Carrier Insures a Car that Wrecks the Electrical Grid?” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance for Government, Cyber Insurance Tech

How Long Does It Take a Broker to Get a Cyber Insurance Quote? Too Long, Says Relay, Offering a Solution  

Posted on April 28, 2023April 28, 2023 By Mark Sauter

“The company’s new feature provides a quick and easy onboarding process that gets brokers from sign-up to receiving quotes from a selection of approved carriers in minutes, eliminating the need…

Read More “How Long Does It Take a Broker to Get a Cyber Insurance Quote? Too Long, Says Relay, Offering a Solution  ” »

Cyber Insurance Carriers & Brokers, Cyber Insurance Tech

What’s Hot? Cowbell, Says Cyber Defense Magazine  

Posted on April 25, 2023April 25, 2023 By Mark Sauter

The cyber insurance provider to SMBs won a Global InfoSec Award from Cyber Defense Magazine in the category of Hot Cyber Insurance. “‘Cowbell embodies three major features we judges look…

Read More “What’s Hot? Cowbell, Says Cyber Defense Magazine  ” »

Cyber Insurance Carriers & Brokers, Cyber Insurance Tech

What Type of Control is Most Effective in Preventing Successful Cyber Attacks? Marsh Has an Answer

Posted on April 19, 2023April 19, 2023 By Mark Sauter

Marsh analyzed its claims data and responses to customer self assessments. The resulting report may surprise some folks… “Automated hardening techniques — by a wide margin — have the greatest…

Read More “What Type of Control is Most Effective in Preventing Successful Cyber Attacks? Marsh Has an Answer” »

Cyber Insurance Best Practices, Cyber Insurance Reports, Cyber Insurance Tech, Cyber Insurance Threats, Ransomware Insurance

Cowbell Launches “MooGPT” for Cyber Insurance

Posted on April 17, 2023April 17, 2023 By Mark Sauter

As with the AI announced last week by Coalition, Cowbell’s solution appears focused on enhanced broker and customer service, versus direct cyber risk purposes. “MooGPT assists brokers and policyholders in…

Read More “Cowbell Launches “MooGPT” for Cyber Insurance” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Tech

Coalition Touts New AI Tools for Cyber Insurance 

Posted on April 15, 2023April 15, 2023 By Mark Sauter

Interesting that the first announced application is for enhanced broker and customer service, versus direct cyber risk purposes. The InsurTech cyber insurance provider does note it’s working on AI-related cyber…

Read More “Coalition Touts New AI Tools for Cyber Insurance ” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Tech

Financial Sector Chafes at Cyber Insurance Costs & Requirements: Industry Report 

Posted on April 11, 2023 By Mark Sauter

“Cyber insurance will undergo an identity crisis,” says the Financial Services Information Sharing and Analysis Center (FS-ISAC), the cyber intelligence-sharing community for financial services. “(S)ome financial sector firms are beginning…

Read More “Financial Sector Chafes at Cyber Insurance Costs & Requirements: Industry Report ” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Industry Groups, Cyber Insurance Tech, Cyber Insurance Threats

Sophos Security Teams with Cowbell 

Posted on March 25, 2023March 25, 2023 By Mark Sauter

Summarized from the press release: Sophos has joined forces with Cowbell to provide small and medium-sized enterprises (SMEs) with an easier way to access cyber insurance. The partnership allows Sophos…

Read More “Sophos Security Teams with Cowbell ” »

Cyber Insurance Carriers & Brokers, Cyber Insurance Policies & Strategies, Cyber Insurance Tech

Will AI Help the Hackers or Cyber Carriers More?

Posted on March 24, 2023March 24, 2023 By Mark Sauter

Peter Hedberg, Vice President of Cyber Underwriting at Corvus Insurance, worries the hackers may benefit more in the short term: “Chat GPT removes a lot of markers because the answers…

Read More “Will AI Help the Hackers or Cyber Carriers More?” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Tech

What Happens When Ransomware Prevention Fails? Eos Venture Partners Bets on Hour-One Ransomware Response from Fenix24 

Posted on March 17, 2023March 17, 2023 By Mark Sauter

Eos is investing $5m in Fenix24; valuation was not released. The investment demonstrates growing industry focus on “right of the boom” cybersecurity technology — loss management for when pre-breach underwriting…

Read More “What Happens When Ransomware Prevention Fails? Eos Venture Partners Bets on Hour-One Ransomware Response from Fenix24 ” »

Cyber Insurance Best Practices, Cyber Insurance Tech, Ransomware Insurance

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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