The Source for Cyber Insurance News, Insights and Data
Measured Analytics and Insurance, a leading AI-powered cyber insurance provider, announced its attainment of the Amazon Web Services (AWS) Cyber Insurance Competency. This recognition solidifies Measured as a distinguished AWS Partner Network (APN) member. In the AWS Competency Program, Measured utilizes a quoting solution to assess customers’ AWS environments via AWS Security Hub. The outcome … Read more
Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has announced a collaboration with Microsoft and Ingram Micro to provide SMEs with complimentary Microsoft Exchange migrations to Microsoft 365 Business Premium. This partnership aims to empower SMEs to enhance their cybersecurity posture, reduce exposure to cyber risk threats, and earn a 5% premium … Read more
Cyberattacks are expensive. Cybersecurity is vital. In 2022 for small and medium-sized enterprises (SMEs), the average cost of an attack was $3.6 million, according to IBM’s 2023 Cost of a Data Breach Report. This was up from $3.1 million in 2021. To enhance cybersecurity for SMEs, MAPFRE, a leading Spanish insurer, has partnered with Cyberwrite, … Read more
To enhance data security and consumer protection, the Federal Trade Commission (FTC) has amended the Safeguards Rule. The agency has extended reporting requirements to non-banking financial institutions. This amendment is effective 180 days after its publication in the Federal Register. It mandates that financial institutions such as mortgage brokers, motor vehicle dealers, and payday lenders … Read more
At-Bay, the InsurSec provider for the digital age, announced the launch of At-Bay Stance™ Managed Detection and Response (At-Bay Stance MDR). It is a new MDR solution designed to help emerging and mid-sized businesses (SMBs) advance their cybersecurity defenses. The growth of cybercrime and cyber insurance has led to a growing demand for MDR solutions … Read more