The Source for Cyber Insurance News, Insights and Data
Humans are the heartbeat of any organization, driving innovation, decision-making, and daily operations; as both customers and employees, they keep businesses afloat. However, with human involvement comes the inevitability of human error. This issue transcends industries—whether it’s the 1999 NASA Mars Climate Orbiter crash caused by a metric conversion error or the 2021 Colonial Pipeline … Read more
The Microsoft Digital Defense Report 2024 paints a vivid and alarming picture of the rapidly evolving cyber threat landscape, where cybercriminals and nation-state actors leverage more sophisticated tools and tactics. The report highlights the devastating impact of cyberattacks, from ransomware crippling 389 healthcare institutions in the US, leading to delayed medical procedures and risking lives, … Read more
Supply Wisdom has announced a partnership with SecurityScorecard to enhance third-party risk management. This collaboration integrates Supply Wisdom’s full-stack, real-time risk intelligence platform with SecurityScorecard’s third-party cyber risk management and supply chain detection and response solutions. By offering real-time insights across multiple risk domains, the partnership aims to provide businesses with a comprehensive view of … Read more
Stellar Cyber has launched its RiskShield Cyber Insurance Program, tailored for Managed Security Service Providers (MSSPs) and their clients. The program, created in partnership with Converge Insurance, integrates cyber insurance with Stellar Cyber’s Open XDR platform to help streamline risk assessments and enable MSSPs to offer customized insurance coverage. The program’s key feature, the Stellar … Read more
Meeting cyber insurance policy demands is an evolving reality as organizations face increasing cyber threats across both on-premises and cloud environments. “In 2024, 48% of organizations had to make changes to their security posture to meet the criteria of the cyber insurance policy they chose,” said Michael Tweddle, Chief Product Officer at Netwrix. In response, … Read more