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“A new scheme involves demanding that the target provide details of its cyber insurance policies so that the payment demands can be adjusted to fall within the coverage the victim…
Read More “Psst… Hackers Try to Team Up with Insured Against Cyber Carriers ” »
“Built on Coalition’s proprietary data collection platform and knowledge graph, which captures 48 trillion monthly events, the Active Cyber Risk Model offers a more accurate picture of cyber risk for…
Read More “What’s the Worst Case for a Catastrophic Cyber Attack? Coalition Has Been Modeling It ” »
“Computers specially configured (by Coalition) to make cyber criminals think they were small businesses operating in London were attacked by hackers over 2,000 times every minute this January.” Most attacks…
Read More “Coalition Honeypots Attract Hacker Killer Bees ” »
Criminals have been using HardBit ransomware since last fall. Now the hackers are making an unusual, and outrageous, demand on their targets. “The hackers tell victims to anonymously provide them…
Read More “Crooks Trying to Calibrate Their Ransoms to Cyber Insurance Limits” »
[Paywall may apply] “The costly NotPetya cyberattack, which the U.S. blamed on Russia, should be considered a ‘cyber nuclear attack,’ insurers argued as they urged judges to overturn a legal…
Read More “Insurers Claim NotPetya Was “Cyber Nuclear Attack” ” »
We’ve all heard the horror stories of companies hacked via penetrations of their vendors and partners. “’A company can take out insurance for third parties, but we don’t see a…
Read More “Supply-Chain Risk Continues to Bedevil Large Companies and their Cyber Insurers ” »
We’ve reported on the rise of “fraudulent instruction” scams and concerns they raise for the cyber insurance industry. This one targeted the campaign of Senator Jerry Moran (R, Kansas). “Cybercriminals…
Read More ““Fraudulent Instruction” Attack Swipes $690,000 from Senate Campaign ” »
Cyber liability insurers are scrutinizing clients for trending security shortfalls. A key one: cloud misconfigurations, which represent the third most common attack vector and are linked to 80% of ransomware…
Read More “Get Your Head in the Cloud to Win the Trust of Cyber Insurers: Trend Micro ” »
The Des Moines, Iowa school system has called in its (unnamed) cyber insurer, the FBI and DHS after an apparent ransomware attack, which put 30,000 students out of school for…
Focus on cybersecurity for the grid was growing even before criminals attacked Washington and North Carolina substations in December. “The Federal Energy Regulatory Commission is considering developing new cybersecurity rules…