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Cyber Insurance News has wondered how often ransomware gangs — groups of criminals often supported by hostile foreign powers — can be trusted. We asked Jennifer Coughlin of Mullen Coughlin, “a law firm uniquely dedicated exclusively to representing organizations facing data privacy events, information security incidents, and the need to address these risks before a … Read more
Risk Placement Services (RPS), a national brokerage, calls itself “brokers in bold.” It recently presented its quarterly cyber update, including a report and presentations by RPS’ Steve Robinson, national cyber lead, Vice Presidents Tim Foody and Zach Kramer, and Jennifer Coughlin of Mullen Coughlin, “a law firm uniquely dedicated exclusively to representing organizations facing data … Read more
One comment heard around the world on 9/11 is “Never Forget.” This exhortation applies to more than just the memory of 9/11 victims or the continued threat of terrorism. It should also serve as a reminder that “Black Swan” events never occur without at least some warnings. In 1998 Osama Bin Ladin issued a religious … Read more
The Index has been established by PERILS, the Swiss-based provider of catastrophe insurance data, and CyberAcuView, an organization set up by cyber insurers. The Index will include primary losses from systemic cyber incidents affecting more than one insurer and one policyholder. It will report events exceeding $500 million in industry losses within six months after … Read more
Cowbell will acquire data from Cloudflare, a provider of anti-DDOS and other security solutions to a wide range of customers. The integration will allow Cowbell to improve risk modeling and provide pricing breaks to its policy holders. Tapping onto the ecosystem of IT providers used by their policy holders appears to be a key part … Read more