The Source for Cyber Insurance News, Insights and Data
In a significant cybersecurity incident, Microsoft revealed that a Russian hacking group gained unauthorized access to email accounts of some senior leaders. The intrusion by a group identified as Midnight Blizzard or Nobelium, was detected on January 12, 2024. Microsoft’s security team responded to the nation-state sponsored hacking. Midnight Blizzard, previously responsible for the SolarWinds … Read more
In the wake of alarmingly frequent cyberattacks targeting hotels, restaurants, and other hospitality businesses, a new partnership offers hope. Upfort, a leading cybersecurity and insurance platform, has joined with Parker, Smith & Feek, and the Washington Hospitality Association. This will empower over 6,000 industry members in the state to manage cyber risks and safeguard their … Read more
SecurEyes has partnered with Cyber Security Global, a key player in European and Latin American cybersecurity. The collaboration aims to strengthen leadership and provide digital security solutions in the regions. The expansion into Latin America and Europe signifies a milestone for the alliance. It showcases the commitment of both companies to innovation, excellence, and cybersecurity. … Read more
Cybersecurity firm BlueVoyant has joined forces with Beeks Group, the prominent cloud computing and analytics provider for global financial markets. BlueVoyant’s award-winning Managed Extended Detection and Response (MXDR) services will enhance Beeks Group’s operational resilience and security, allowing the latter to offer advanced cloud security solutions for the financial sector. To strengthen its 24×7 Security … Read more
Fear is fueling fortunes in the encryption industry. As data breaches and cyber threats explode, the global network encryption market is bracing for a windfall. It is expected to reach a colossal USD 8.56 billion by 2032 (**see note below). This 7.8% annual growth surge signals a desperate scramble for digital shields, leaving no corner … Read more