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Cyber Insurance Sunday – Upload

Posted on October 6, 2024October 6, 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: Chubb on trust in digital payments; Resilience, Cowbell, and Coalition with people news; NSA official asks about the wisdom of paying ransomware; European Union NIS2 compliance looms; A piece on China-linked hackers and the U.S wiretap system; and a library in Seattle is paying up after ransomware attack. There’s more. Take a look. Share it. Enjoy the reads. Enjoy the day!

Cyber Insurance Sunday logo, Picture of a farm field with tan grasses, the sky above is partly cloudy with cotton ball like clouds and a bright blue sky. Superimposed over that are the words "Cyber Insurance Sunday - Upload"
  • Of issue here is the idea that in business, trust is the foundation of every profitable relationship; without it, no partnership, deal, or team can succeed. Trust in Digital Payments: Cyber Scams Erode Consumer Confidence – Chubb Report
  • Plenty of cyber insurance people news; Resilience Expands Cyber Insurance Coverage to France and Benelux, Appoints Marijke van Berkom as Regional Head and Cowbell Expands Leadership Team with New Finance and Legal Heads to Drive Global Growth and Coalition Strengthens European Operations with Appointment of Tine Simonsen as Head of Insurance
  • A cyber insurance underwriting partnership; Onda Teams Up with Panorays to Streamline Cyber Insurance Underwriting
  • Concierge Cyber Enhances Membership Benefits with $100,000 Admitted Cyber Insurance for SMEs and Cybersecurity for Business Travelers: BOXX Insurance and World Travel Protection Launch New Tool.
  • Europe on the mind here with the NIS2 compliance deadline looming; Majority of EU Companies Unprepared for Looming NIS2 Cybersecurity Deadline, Veeam Survey Reveals
  • An opinion piece that asks – If companies pay the ransom, aren’t they just inviting more attacks—putting a target on their backs and signaling to data kidnappers everywhere that it’s worth coming back for more? Ransomware Response Must Evolve: Deputy National Security Adviser Calls for Ban on Ransomware Payments.
  • Best’s Review magazine has published a new online supplement examining cyber insurance’s challenges, predictions, and current landscape. Best’s Review Digital Supplement on Cyber Insurance.
  • China-linked hackers targeted U.S. wiretap systems, breaching broadband providers including AT&T and Verizon; U.S. Wiretap Systems Targeted in China-Linked Hack.
  • Cloudflare reports preventing the largest-ever DDoS attack; Cloudflare Thwarts Largest-Ever 3.8 Tbps DDoS Attack Targeting Global Sectors.

This attack from May of note, $800,000 of the cost is consultant fees; Seattle Public Library ransomware attack to cost $1M, officials say.

Cyber Insurance, Cyber Insurance Sunday - Upload Tags:Chubb, Coalition, Cowbell, cyber insurance, Cyber liability Insruance, Cybersecurity, EU, european union, NIS2 Compliance, NIS2 Deadline, NSA, Ransomware, Resilience

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In this clip from our latest podcast episode, Dan Candee, CEO of Cork Protection, dives into a critical topic that hits close to home: Cybersecurity for Main Street businesses.

🛡️ With a background in enterprise-level cybersecurity on Wall Street and a personal connection to small business through his family, Dan shares why Cork focuses on protecting small and mid-sized businesses from rising cyber threats.

🚨 "The threat actors are getting better, and they're coming after Main Street more and more."

👉 Discover why Main Street is being underserved in today's digital threat landscape and how Cork is filling that gap with a unique value proposition.

🔗 Learn more about Cork: corkinc.com
🎧 Full Podcast Episode: www.youtube.com/@CyberInsuranceNews/podcasts

📣 Don't forget to LIKE, SUBSCRIBE, and hit the 🔔 notification bell so you never miss a powerful conversation.

#Cybersecurity #SmallBusiness #MainStreet #DanCandee #CorkProtection #TechForGood #SMBs #PodcastClip #CyberThreats #BusinessSecurity
Cybersecurity for Main Street: Dan Candee on Protecting Small Businesses | CEO of Cork Protection
SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

We explore:
• Why Main Street is more vulnerable than Wall Street
• Common SMB cybersecurity blind spots (like ACH fraud)
• The evolving role of managed service providers
• How Cork Protection blends cybersecurity and cyber insurance
• Real-world attack case studies and practical advice for SMBs

Whether you’re a small business owner, MSP, or cyber pro, this episode unpacks how to prepare, prevent, and protect your organization in today’s digital world.

📌 Topics: cybersecurity, cyber insurance, social engineering, SMB protection, ransomware, AI in security, MSPs

🎙 Guest: Dan Candee, CEO of Cork Protection
📢 Host: Martin Hinton, Executive Editor, Cyber Insurance News

👉 Don’t forget to like, comment, and subscribe for more insights on cyber insurance and digital defense!

#CyberSecurity #CyberInsurance #SMB #AI #CyberPodcast #BusinessResilience #smallbusiness #sme
00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
16:53 Navigating Cyber Insurance Policies
19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
26:05 MSP/ MSSP The Lingo decoded
29:05 Finals Thoughts and a bit of Hope!
SMBs Are Cyber Targets | Dan Candee on Cyber Resilience & AI | Cyber Insurance News Podcast EP#6
Cyberattack on Small Business is on the rise—and AI is making it worse. In this episode of the Cyber Insurance News Podcast, host Martin Hinton sits down with William Altman of CyberCube to unpack how AI is enabling threat actors to more efficiently target and exploit small businesses.

🔐 From credential stuffing to brute force attacks, William explains how cybercriminals use AI to bypass login portals and MFA solutions—putting millions of small business owners at risk.

🎙️ Timestamps:
0:00 - Introduction
6:26 - William Altman on AI and threat actors
6:50 - Credential stuffing, brute force & reused credentials
10:00 - What small businesses can do right now
14:20 - The future of AI in cybercrime

🎧 Don’t miss this crucial update on the cybersecurity landscape for small businesses. Subscribe and stay informed.

#cyberattack #smallbusiness #AI #cybersecurity #CyberCube
Cyberattack on Small Business: How AI Supercharges Cyber Threats | William Altman @CyberCube"
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