Cyber Insurance

Top News about Cyber Insurance

Canopius Boosts Cyber Insurance with Group-IB Threat Intelligence Partnership

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Canopius Group, a global specialty (re)insurer, has partnered with Group-IB, a cybersecurity technology provider, to enhance its cyber insurance offerings. This marks the first comprehensive alliance between Group-IB and a Lloyd’s of London syndicate. The collaboration aims to provide Canopius’ clients with increased protection and advanced threat intelligence. This partnership will equip Canopius’ underwriters with … Read more

Cyber Insurance Tailored to Industry & US State: North Dakota Hospitals Team with Security Firm and Insurance Carriers

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We’ve written extensively about the increasing cooperation and often fusion between cyber security services and cyber security insurance, plus the push to protect America’s healthcare sector. Cyber Insurance for Hospitals Casey Holland of Marsh emphasized the “bespoke” nature of the solution: “It’s a comprehensive approach to helping our hospitals combat cyber threats and provide a … Read more

First-Ever Cloud Outage Cat Bond: A Game Changer for Cyber Insurance

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In a groundbreaking venture into the financial aspects of cybersecurity, Parametrix, a front-runner in cloud monitoring and insurance, and Hannover Re, a leading global reinsurer, debuted the first-ever Cumulus Re catastrophe bond. Valued at $13.75 million, this bond is specifically designed to mitigate losses due to prolonged cloud service outages. This is an increasingly critical … Read more

AIG Cyber Insurance on Hook for Hack of Norsk Hydro

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The global aluminum and energy company, known as “Hydro,” estimated damages at up to app. USD $74 million. “The company has a robust cyber insurance in place with recognized insurers,” it said in a statement. “The (March) attack affected our entire global organization, with the business area Extruded Solutions having suffered the most significant operational … Read more

Cyber Insurance Sunday – Upload

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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: Upfort and Cowbell making news with people moves. CFC takes on healthcare vulnerabilities. And did a lone cyberhero prevent the hack of all hacks? There’s more. Take a look. … Read more

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