The Source for Cyber Insurance News, Insights and Data
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
Amid increasing cybersecurity threats and the need for small and mid-sized businesses (SMBs) to meet cyber insurance compliance, Blumira has launched its Reseller Program to deliver modern security solutions to SMBs. This initiative, announced today by the Ann Arbor, Michigan-based security and operations platform provider, aims to equip resellers with affordable and effective cybersecurity tools … Read more
Netwrix, a cybersecurity solutions provider, has unveiled alarming statistics from its 2024 Hybrid Security Trends Report, focusing on the managed service provider (MSP) sector. According to the report, a staggering 76% of MSPs detected cyberattacks on their systems in the past year, mirroring the broader trend across all industries surveyed. Managed Service Providers (MSPs) offer … Read more
Ransomware is wreaking havoc on organizations worldwide, and the numbers are staggering. Travel firm CWT Global shelled out $4.5 million in Bitcoin. The University of California San Francisco $1.14 million, and Colonial Pipeline paid $5 million. Chemical distributor Brenntag paid $4.4 million to DarkSide, while U.K.’s Travelex dished out $2.3 million to REvil. Cognizant Technology … Read more
In the ever-changing arena of cybersecurity and insurance, constant learning is crucial. Bad actors are continuously evolving, which significantly burdens individuals and companies to stay updated. To address this need, Keepit is hosting a webinar on cyber insurance strategies amid the surge in ransomware attacks. Keepit, a global cloud backup and recovery solutions provider, will … Read more