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Cyber Insurance Sunday – Upload

Posted on September 8, 2024September 8, 2024 By Martin Hinton

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: Guy Carpenter and At-Bay look at Cyber CAT modeling for SMBs; CyberCube asks us to consider the hurricane of a cyber attack; Marsh McLennan and Zurich on the need for public-private partnerships to address cybersecurity; More than a few looks at the future, including one from National Cyber Director Harry Coker; there’s more. Take a look. Share it. Enjoy the reads. Enjoy the day!

  • The unnatural disaster of cyberattacks: A Hurricane of Cyber Insurance – Report
  • Cyber Cat modeling under examination here: From Data Gaps to Risk Maps: Overhauling Cyber Models for SMB Cybersecurity – Report
  • An all-hands appeal for cybersecurity: Marsh McLennan and Zurich Call for Public-Private Collaboration to Tackle Cybersecurity Gaps
  • Some news on cyber insurance people now and in the future: Resilience Strengthens Leadership for Today, While NetDiligence Builds Talent Pipeline for Tomorrow
  • Enough attention can’t be paid to these events. They tell a tale of the future: Russian military officers accused of pre-invasion cyberattack on Ukraine.
  • On the future and relevant to the last item, National Cyber Director Harry Coker has a blog worth reading: “Today, we face a new challenge and with it a new opportunity to serve: defending cyberspace.” Service for America: Cyber Is Serving Your Country.
  • Another look at the future: Moody’s Ratings: Cyber Insurance Competition Up, Prices Down.
  • Tewkesbury, UK, reminds us that anyone can fall victim to cybercrime: Major incident declared in cyber attack.
Cyber Insurance, Cyber Insurance Sunday - Upload Tags:At-Bay, cyber insurance, Cyber liability Insruance, CyberCube, Cybersecurity, Guy Carpenter, Harry Coker, Marsh McLennan, Zurich

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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