The Leading Source for Cybersecurity Insurance News, Insights and Data
Resilience CEO Mario Vitale recounts how his company found a vulnerability in the system of a client…and the client was still procrastinating about fixing the problem when the policy’s renewal…
Read More “Some Shrewd Underwriting in a Complicated Market” »
The statistics on how many CISOs have been hit by two to five ransomware attacks are sobering. “More organizations ‘have implemented ‘Plan B’ measures this year, from opening cryptocurrency accounts…
Read More “Ransomware Has CISOs on the Defensive; Cyber Insurance a Fallback ” »
“’It is so hard and so much more work needs to be done to improve the security of tech, to improve the cybersecurity of systems, that we’d essentially be pressing…
Read More “Why Did the White House Decide NOT to Ban Ransomware Payments? ” »
Hope of a government bailout doesn’t strike us as a realistic assumption for the vast bulk of ransomware attacks… “Only 19 percent of those surveyed have ransomware coverage limits above…
Read More “Companies Hoping Government Will Cover Cyber Losses: Survey ” »
“Limited funds leaves (sic) K-12 districts struggling to make some cybersecurity investments or pay competitive cybersecurity salaries, (Amy) McLaughlin said. CoSN’s (K-12 professional association) most recent survey found a quarter…
“The Hive group claims to have breached the system and then obtained details of its cyber insurance policy to use in negotiations. ‘We are very well informed and precise in…
Read More “Hacker Group Cites Target’s Cyber Insurance Limits in Ransom Demand ” »
“The increase in successful ransomware attacks is part of an increasingly challenging broader threat environment which has affected healthcare more than any other sector. Healthcare saw the highest increase in…
Read More “2/3s of Healthcare Organizations Hit By Ransomware in 2021: Sophos” »
LIkely a confusing and counter-productive take, in our opinion. DHS is now, in effect, raising questions about whether businesses should get cyber insurance. Or is the agency implying businesses self-insure…
Read More “Feds Discourage Cyber Insurance — at Least for Ransomware (Congressional Testimony)” »
“Munich Re has been involved in managing cyber risk from the first moment it became a consideration. The results of our Global Cyber Risk and Insurance Survey 2022 underline that…
Read More “Useful Survey on Global Cyber Risk and Insurance from Munich Re” »
One example: “The cyber security insurance application asked whether I had deployed an endpoint detection and response (EDR) tool.” Source: What your cyber insurance application form can tell you about ransomware…
Read More “What Does It Take To Get Your Cyber Insurance Renewed? Plenty. ” »