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Dell Technologies’ latest Global Data Protection Index (GDPI) paints a concerning picture: cyberattacks are rising, multicloud data protection remains a puzzle, and the data deluge from generative AI is on…
The predictions come in the tech giant’s report “Cybersecurity Forecast 2024: Insights for Future Planning.” The report is a fascinating read for anyone involved in the cyber security arena —…
Read More “Google Predicts Stable Cyber Insurance Premiums in 2024 (+ more “Pig Butchering”)” »
The Cybersecurity and Infrastructure Security Agency (CISA) release announces a new partnership with Stanford’s Empirical Security Research Group and focuses on analyzing the effectiveness of security controls, with a focus…
Read More “Feds Relaunch Cybersecurity Insurance and Data Analysis Working Group (CIDAWG)” »
We’ve reported extensively on the insurance industry’s fear of “cyber war;” debate over exclusions for state-backed, systemic cyber attacks; moves by governments to backstop the cyber insurance industry for massive…
Read More “Fears of Massive Cyber War Losses are Overblown: Catastrophic Risk Expert” »
We’ve reported extensively on the challenges of the cyber insurance industry in modeling systemic risk and the related accumulation risk (insurance risk of multiple, unanticipated claims from the same or…
Read More “You’re Measuring Systemic Risk all Wrong, InsuranceERM Tells Cyber Insurance Industry” »
“Cyber Risk Accumulation: Fully Tackling the Insurability Challenge’” is a useful new report from The Geneva Association (GA), “a global association of insurance and reinsurance CEOs and think tank for…
The Securities and Exchange Commission (SEC) has sued SolarWinds Corporation, the software company, and its chief information security officer, Timothy G. Brown, for fraud and internal control failures in relation…
As in the US, the discussion turns on the threat of a catastrophic “systemic” cyber attack, which could generate $3.5 trillion in “global economic damage” according to a recent model…
Read More “Brits Debate Government Backstop to Cyber Insurance Industry” »
In a startling revelation, Lloyd’s, the world’s premier insurance and reinsurance marketplace, has unveiled a systemic risk scenario that paints a grim picture of the global economy’s susceptibility to a…
Read More “Lloyd’s Reveals $3.5 Trillion Global Cost Of Cyber Attack” »
Insurers say ransom-related claims rose sharply in the first half of 2023, the Wall Street Journal reports in this article (paywall may apply). “Along with the rise in claims related…