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Hacker Group Cites Target’s Cyber Insurance Limits in Ransom Demand 

Posted on July 29, 2022July 29, 2022 By Mark Sauter

“The Hive group claims to have breached the system and then obtained details of its cyber insurance policy to use in negotiations. ‘We are very well informed and precise in…

Read More “Hacker Group Cites Target’s Cyber Insurance Limits in Ransom Demand ” »

Cyber Insurance Carriers & Brokers, Cyber Insurance for Government, Cyber Insurance Threats, Ransomware Insurance

Rhu-row — Cyber Insurance May Not Cover “Phishing” Fund Diversion Scams 

Posted on May 25, 2022May 25, 2022 By Mark Sauter

Note the language in the policy that appears to exclude losses from similar scams. It’s in the courts now. “Star Title’s employees purportedly failed to authenticate the perpetrator’s wire instructions….

Read More “Rhu-row — Cyber Insurance May Not Cover “Phishing” Fund Diversion Scams ” »

Cyber Insurance, Cyber Insurance Threats

Useful Survey on Global Cyber Risk and Insurance from Munich Re

Posted on May 20, 2022 By Mark Sauter

“Munich Re has been involved in managing cyber risk from the first moment it became a consideration. The results of our Global Cyber Risk and Insurance Survey 2022 underline that…

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

How’s The Fortune 1000 Doing With Cyber Security? Check Out Data “Recaptured” From Cyber Crooks. 

Posted on May 16, 2022May 16, 2022 By Mark Sauter

“Drawing on SpyCloud’s database of over 200 billion recaptured assets, researchers identified over 687 million exposed credentials and PII tied to Fortune 1000 employees, a 26% increase from last year’s…

Read More “How’s The Fortune 1000 Doing With Cyber Security? Check Out Data “Recaptured” From Cyber Crooks. ” »

Cyber Insurance Best Practices, Cyber Insurance Tech, Cyber Insurance Threats

Some Surprising Results From 5,600 IT Pro’s Across 31 Countries Surveyed For The State of Ransomware 2022 Report 

Posted on May 1, 2022May 1, 2022 By Mark Sauter

“The vendor-agnostic survey of 5600 IT professionals, conducted by Vanson Bourne, found that 98% of businesses hit by ransomware had cyber insurance that covered ransomware and that the policy paid…

Read More “Some Surprising Results From 5,600 IT Pro’s Across 31 Countries Surveyed For The State of Ransomware 2022 Report ” »

Cyber Insurance Premiums, Cyber Insurance Reports, Cyber Insurance Threats, Ransomware Insurance

Better Late Than Never: Munich Re Tightens Cyber Insurance Policies To Exclude War 

Posted on April 9, 2022April 9, 2022 By Mark Sauter

“Munich Re is planning new wordings in cyber insurance policies to exclude war, to avoid disputes over what is covered, the reinsurer’s top cyber underwriter told Reuters.” Source: Munich Re…

Read More “Better Late Than Never: Munich Re Tightens Cyber Insurance Policies To Exclude War ” »

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

Russian Cyber Offensive Could Create Insurance Claims Similar in Magnitude to a Hurricane: Insurance Journal

Posted on April 3, 2022April 3, 2022 By Mark Sauter

“If Russia carries out a large cyber attack which spills over into several countries, it could lead to claims totalling (sic) $20 billion or more, similar to insurance claims from…

Read More “Russian Cyber Offensive Could Create Insurance Claims Similar in Magnitude to a Hurricane: Insurance Journal” »

Cyber Insurance, Cyber Insurance Threats

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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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