Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: Reports on critical infrastructure risk by the GAO and Chaucer; Blumira and Trava Security partner; SecurityScorecard looks to the skies; there is always lots of ransomware news; and IBM looks at the cost of data breaches. There’s more. Take a look. Share it. Enjoy the reads. Enjoy the day!
- We took a look at two elements of cybersecurity and critical infrastructure. One in the UK and the other in the USA, UK Utility Companies See 586% Surge in Cyberattacks Amid Rising Geopolitical Tensions – Chaucer and EPA Urgently Needs a Strategy to Address Cybersecurity of Water Systems – GAO.
- Reliance with a personnel move, Killian Brady Named Resilience Chief Underwriting Officer.
- IBM with a report on data breaches and their cost, The Rising Cost of Data Breaches: A 2024 IBM Report.
- SecurityScorecard looked to the skies and security, The Aviation Industry and Cyber Risk – SecurityScorecard Report
- Boost Insurance got a boost, Boost Insurance Secures Major Investment from BHMS.
- A partnership to help SMBs cybersecurity, Blumira and Trava Security Partner to Help SMBs Manage Cybersecurity Risk.
- Some developments in the CrowdStrike outage, CrowdStrike Outage Fallout: 5 New Developments and Cyber insurance losses from CrowdStrike outage to be driven by business interruption: Moody’s.
- Ransomware threatens lives blood, literally, Ransomware seizes hospitals’ blood supply.
- A reminder you are never too small to be a target, Ransomware hits small South Carolina town, sensitive data likely stolen.
- To round out the ransomware news this week, Zscaler ThreatLabz uncovered a record-breaking ransom payment of US $75 million.
- And finally, Thanks, CrowdStrike Outage! 7 Insurance Stocks That Could See Increased Demand for Cyber Insurance.