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Top News about Cyber Insurance
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: Coalition looks at UK Mid-Market needs; Keepit and others on ransomware; The US Congress has a hearing; CISA hacked; SecurityScorecard reports that healthcare makes a grade, but it’s not an A. There’s more. Take a look. Share it. … Read more
Ransomware is wreaking havoc on organizations worldwide, and the numbers are staggering. Travel firm CWT Global shelled out $4.5 million in Bitcoin. The University of California San Francisco $1.14 million, and Colonial Pipeline paid $5 million. Chemical distributor Brenntag paid $4.4 million to DarkSide, while U.K.’s Travelex dished out $2.3 million to REvil. Cognizant Technology … Read more
SecondSight and Optiv have announced a strategic partnership to integrate cybersecurity and cyber insurance. This collaboration incorporates Optiv’s cybersecurity services into SecondSight’s Vertical AI platform. This will provide a streamlined and personalized approach to enhancing cybersecurity defenses for businesses, brokers, and underwriters. The partnership introduces a new recommendation system within SecondSight’s platform, utilizing Optiv’s cybersecurity … Read more
Coverdash has partnered with Drata, a security and compliance automation platform. This collaboration aims to automate the cyber insurance component of SOC-2 compliance, significantly simplifying the process for businesses. SOC-2 compliance, developed by the American Institute of CPAs (AICPA), is a voluntary framework that ensures companies securely manage customer data to protect privacy and confidentiality. … Read more
In a move to enhance cybersecurity defenses, AttackIQ and Trium Cyber have announced a global partnership to equip policyholders with cutting-edge security solutions. This collaboration will introduce AttackIQ Flex, an on-demand, agentless test-as-a-service, to Trium Cyber’s insurance policyholders. The result? Continuous security testing to bolster cybersecurity maturity and mitigate risks. “Cyber Risk” AttackIQ, a leader … Read more