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Top News about Cyber Insurance
Measured Analytics and Insurance, a leading AI-powered cyber insurance provider, announced its attainment of the Amazon Web Services (AWS) Cyber Insurance Competency. This recognition solidifies Measured as a distinguished AWS Partner Network (APN) member. In the AWS Competency Program, Measured utilizes a quoting solution to assess customers’ AWS environments via AWS Security Hub. The outcome … Read more
AWS will now share security data of companies it serves when they request to be connected with cyber insurance brokers and insurers. The members of this ecosystem predict it will cut the time to obtain cyber liability insurance from weeks to days and potentially offer discounts of up to 15%. “Through AWS’s Cyber Insurance Competency … Read more
Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has announced a collaboration with Microsoft and Ingram Micro to provide SMEs with complimentary Microsoft Exchange migrations to Microsoft 365 Business Premium. This partnership aims to empower SMEs to enhance their cybersecurity posture, reduce exposure to cyber risk threats, and earn a 5% premium … Read more
Cyberattacks are expensive. Cybersecurity is vital. In 2022 for small and medium-sized enterprises (SMEs), the average cost of an attack was $3.6 million, according to IBM’s 2023 Cost of a Data Breach Report. This was up from $3.1 million in 2021. To enhance cybersecurity for SMEs, MAPFRE, a leading Spanish insurer, has partnered with Cyberwrite, … Read more
The Cybersecurity and Infrastructure Security Agency (CISA) release announces a new partnership with Stanford’s Empirical Security Research Group and focuses on analyzing the effectiveness of security controls, with a focus on ransomware. The effort begins in December. “CISA will ask working group members to collaborate with Stanford to improve analysis of the aggregated, anonymized loss … Read more