The Source for Cyber Insurance News, Insights and Data
Top News about Cyber Insurance
“What’s in a name? That which we call a rose by any other name would smell as sweet,” wrote Shakespeare. But cyber insurance experts think there’s nothing sweet about the lack of standard terminology in cyber liability insurance policies. “‘This dearth of common language, (Peter Hedberg of Corvus Insurance) said, can create unintended confusion when … Read more
Willis Towers Watson (WTW) has announced updates to its CyXS global cyber facility to better serve clients as they face escalating cyber threats. As of April 1, 2024, the facility’s maximum capacity has been increased by 50%, from 50 million to 75 million USD/EUR/GBP. Additionally, the number of Lloyd’s insurers participating in the facility has … Read more
In a world where “your papers are not in order” can spell disaster for any public company, AXA XL is stepping up to the bureaucratic challenge with a new cyber insurance endorsement. This coverage aims to tackle the financial hurdles of adhering to the U.S. Securities and Exchange Commission’s (SEC) stringent cyber incident reporting requirements. … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some we reported on, and others we found interesting: Reports to note, Cobalt on Pentesting, Netwrix on global cyberattacks, SecurityScorecard “Redefining Resilience” in the digital economy. Aviva, RiskEye, and Berkley with human concerns. And partnership and acquisition news … Read more
HITRUST, a player in information cybersecurity and compliance assurance, announced significant enhancements to its Cyber Threat Adaptive engine. It now powers a collaboration with Microsoft, utilizing Microsoft Azure OpenAI Service and Microsoft Defender Threat Intelligence. This announcement represents an evolution in HITRUST‘s approach to safeguarding against the increasingly sophisticated and dynamic nature of cyber threats. … Read more