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Top News about Cyber Insurance
In the wake of alarmingly frequent cyberattacks targeting hotels, restaurants, and other hospitality businesses, a new partnership offers hope. Upfort, a leading cybersecurity and insurance platform, has joined with Parker, Smith & Feek, and the Washington Hospitality Association. This will empower over 6,000 industry members in the state to manage cyber risks and safeguard their … Read more
We’ve reported extensively about the impact of GenAI on the cyber insurance industry, from its use by hackers to predictions it will “revolutionize” the industry. Information Week has some interesting observations from Nathan Smolenski of cybersecurity provider Netskope. A couple: Underwriters need to defend against “Data/AI model poisoning: …The GenAI models themselves must also be … Read more
As noted in our earlier post, Woodruff Sawyer, the large American brokerage and consultancy, is out with an excellent new report: “Looking Ahead: Cyber Liability Insurance Concerns in 2024.” We thought their info graphic on how underwriters are looking at 2024 was worth a special call out.
SecurEyes has partnered with Cyber Security Global, a key player in European and Latin American cybersecurity. The collaboration aims to strengthen leadership and provide digital security solutions in the regions. The expansion into Latin America and Europe signifies a milestone for the alliance. It showcases the commitment of both companies to innovation, excellence, and cybersecurity. … Read more
In a strategic move to enhance its cyber risk offerings, Aspen Insurance Holdings has rolled out Aspen Cyber Risk Services (ACRS), a comprehensive suite developed in collaboration with Surefire Cyber. Launched globally on all policies, ACRS aims to empower Aspen insureds to proactively manage and respond to cybersecurity threats. The suite encompasses a range of … Read more