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Marsh analyzed its claims data and responses to customer self assessments. The resulting report may surprise some folks… “Automated hardening techniques — by a wide margin — have the greatest…
“A new scheme involves demanding that the target provide details of its cyber insurance policies so that the payment demands can be adjusted to fall within the coverage the victim…
Read More “Psst… Hackers Try to Team Up with Insured Against Cyber Carriers ” »
This TechTarget article includes results from the useful Delinea white paper: “Cyber Insurance – If You Get It, Be Ready to Use It.” “(Kurtis Minder, CEO of cybersecurity vendor GroupSenseMinder)…
Read More “Cyber Insurance Carriers Increase Role in Incident Response and Not Everybody’s Happy ” »
Eos is investing $5m in Fenix24; valuation was not released. The investment demonstrates growing industry focus on “right of the boom” cybersecurity technology — loss management for when pre-breach underwriting…
Maryland’s Atlantic General Hospital was hit at the end of January by a ransomware attack that disrupted operations, but did not penetrate electronic health records, which had a separate host,…
Read More “Hacked Hospital Says Prep to Qualify for Cyber Insurance Helped in Ransomware Attack ” »
“The cost of cyber liability insurance has surged in recent years. The premium for Minneapolis Public Schools’ policy rose from $42,000 last year to more than $63,000 this year, and…
Read More “Ransomware Attack on Minneapolis Schools Highlights Increase in Cyber Insurance Costs ” »
Criminals have been using HardBit ransomware since last fall. Now the hackers are making an unusual, and outrageous, demand on their targets. “The hackers tell victims to anonymously provide them…
Read More “Crooks Trying to Calibrate Their Ransoms to Cyber Insurance Limits” »
[Yes, we didn’t know that’s North Dakota’s office nickname.] How to help state/local governments improve their cybersecurity when cyber employees are scarce, threats many and insurance expensive? An innovative approach…
…unless the hospital has no cyber insurance, in which case the board and CEO are the ones with insomnia. Tallahassee Memorial HealthCare, a 772-bed hospital with specialty care centers, has…
Read More “Whoever Underwrote this Hospital System May Not Be Sleeping Well” »
“Bill Siegel, CEO and co-founder of Coveware, says that insurance companies have influenced proactive enterprise security and incident response preparedness in a positive manner in recent years. After cyber-insurance firms…
Read More “Ransomware Payments Down & Cyber Insurance Played Important Role ” »