The Source for Cyber Insurance News, Insights and Data
The word breach originates from the same roots as the word “break,” which signifies a rupture or violation. In the context of cybersecurity, a data breach represents a break in the security measures intended to protect sensitive information. That leads to unauthorized access and exposure. The etymology underscores the gravity of such incidents, highlighting the … Read more
Blumira and Trava Security have announced a strategic partnership aimed at helping small-to-midsize businesses (SMBs) manage cybersecurity challenges, such as limited budgets, insufficient cyber-skilled training among employees, and the steadily growing number of cyber-attacks. The rise in cybercrime has led many companies to invest in cybersecurity software. However, smaller businesses often struggle to access sophisticated … Read more
UK utility companies faced a significant surge in cyberattacks in 2023, with 48 breaches recorded, marking a staggering 586% increase from the previous year, according to global specialty (re)insurance group Chaucer. The rise in incidents, partly attributed to state-backed hackers, has heightened concerns about potential infrastructure-targeted attacks amid escalating geopolitical tensions. Utilities providing power and … Read more
SentinelOne announced the SentinelOne Risk Assurance Initiative, a new cybersecurity program designed to help insurers improve their clients’ network security using the SentinelOne Singularity™ Platform. This program allows insurers to offer SentinelOne’s platform at preferred rates, aiming to stop attacks before they occur and reduce both financial loss and insurance premiums. Leading carriers and providers, … Read more
This morning, when we went to see the latest CrowdStrike Outage news, we knew there’d be a lot to read. Over 30 pages of articles in the Google News search in just the last 24 hours. We took the time to compile a number of them. They illustrate the scale, scope, and impact from large … Read more