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Deal Targets Middle-Market Cyber Risk Markel is giving eligible U.S. cyber insurance policyholders access to Upfort Shield to curb common attacks. The package adds AI automation, monitoring, training, and endpoint detection and response. The insurer aims to cut claim frequency as carriers tighten renewal standards. Markel said eligible policyholders can activate the tools alongside their … Read more
New Milan Teams Target Italian Demand Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, launched two new divisions in Italy. The carrier opened an Energy & Construction unit and a Cyber unit. LSM based both teams in Milan. The move targets rising regional demand for specialty coverage and advisory support. LSM also aims … Read more
Imagine a fleet operator arriving Monday morning to find dispatch screens frozen, drivers locked out of their vehicle apps, backend systems encrypted, and attackers demanding payment to restore access. HSB has launched a cyber insurance product for internet-connected work vehicles, called HSB Commercial Cyber for Auto. This coverage is designed for hacked commercial vehicles and … Read more
The UK Cyber Security Longitudinal Survey’s fifth iteration arrived this week. The report tracks cybersecurity changes across the same organizations, including medium- and large-sized businesses and high-income charities. The first “wave” of data came out in 2022. This new release, “Wave Five,” follows medium- and large-sized businesses and high-income charities. The study links security practices … Read more
The Headache In Carolina Beach A coastal town in North Carolina found out just how costly cyberattacks can be, and it put government cybersecurity in the spotlight. Carolina Beach reported that thieves stole $487,994.80 from town funds in two separate incidents. According to Port City Daily, the losses affected both the enterprise and general funds. … Read more