Cybersecurity

Lockton Enhances Cyber & Technology Practice with New Appointment

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Lockton, the world’s largest privately held independent insurance brokerage, has appointed Brendan Fitzpatrick as Vice President, Cyber Risk Consultant in their Cyber & Technology Practice. Fitzpatrick brings nearly 15 years of experience in cybersecurity improvement planning and operational resilience. His previous roles include senior positions at Axio, the Software Engineering Institute at Carnegie Mellon University, … Read more

BOXX Insurance and Zurich Insurance Group Launch Personal Cybersecurity App

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Remember when a neighborhood watch or a trusty home alarm system was enough to keep your home safe? Today, BOXX Insurance Inc. and Zurich Insurance Group in Switzerland have launched the digital equivalent: the Zurich Cyber Security App. This new app acts like a vigilant neighbor, keeping a watchful eye on your online world and … Read more

Dragos Announces Partnerships to Enhance OT Cybersecurity Incident Response

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Dragos Inc., a cybersecurity firm specializing in operational technology (OT) environments, announced partnerships with several insurance providers, brokers, and legal firms. The collaboration aims to create a unified incident command structure and improve coordination between internal and external teams during cyber incidents. The companies involved in these partnerships include Antigen Security, AEGIS Insurance, Arch Insurance, … Read more

Automotive Cyber Security Market Projected to Grow at a CAGR of 5.9% by 2034: Visiongain

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The automotive cybersecurity market is on track to expand at a compound annual growth rate (CAGR) of 5.9% by 2034, according to Visiongain’s latest report, Automotive Cyber Security Market Report 2024-2034. This growth trajectory underscores the increasing emphasis on robust cybersecurity measures within the automotive industry, driven by a combination of stringent regulations and the escalating … Read more

Remote Access Drives 58% of Ransomware Attacks in 2023, At-Bay Report

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Cybercriminals are on a rampage, exploiting remote access weaknesses to fuel a staggering rise in ransomware attacks. At-Bay’s 2024 InsurSec Report uncovers a dramatic 64% spike in ransomware claims, driven by a jaw-dropping 415% increase in indirect incidents. This explosive growth underscores the critical vulnerabilities that continue to plague businesses in the digital age. Key … Read more

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