The Source for Cyber Insurance News, Insights and Data
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
Hanover Specialty’s new report reveals that small- and mid-sized businesses generally lack preparedness for the increasing threat of a cyberattack, even though they have high confidence in their organization’s cybersecurity posture. The report, titled “2023 Cyber Resiliency Report,” found that only 7% of small- to mid-sized businesses think it’s very likely that a cyberattack will … Read more
Sophos, a leader in cybersecurity services, has unveiled a new development for businesses in the United Kingdom. Building on their partnership launched in the United States earlier this year, Sophos is teaming up with Cowbell, a provider of cyber insurance tailored for small and medium-sized enterprises (SMEs). The partnership aims to introduce adaptive cyber insurance, … Read more
Measured Analytics and Insurance, the cyber insurance MGA, continues its aggressive move into the increasingly competitive, but still relatively underserved, small and medium enterprise (SME) market (earlier this month Measured announced its partnership with the AWS cyber insurance program.) The Company’s CyberGuard 2023 insurance product targets companies with up to $500 million revenue, offering policy … Read more