As usual, a few items from the week. Some we reported on, and others we found interesting. Plenty of cyber insurance news for small and medium enterprises and something for the individual; AXA XL and CFC add to their ranks, and Clorox and Johnson Controls detail the costs of cyberattacks. There’s more than that, so have a look. Enjoy the reads and enjoy the day!
- News for the small and medium-sized enterprises among us that can often face challenges in the cyber insurance market. Cybersecurity Made Easy: Affordable Insurance Solutions for SMEs Under $50 Million and Never Walk Alone Online: BOXX & AXA Fortify Small Businesses Against Cyber-Attack.
- An interesting offering here for An All-in-One Solution for Cyber Insurance and Professional Liability.
- Details on the cost of “cleaning up” after a cyberattack. Industry giants Clorox and Johnson Controls report financial losses from cyberattacks.
- Cyber insurance and security is a growing market, and this piece looks at the Arctic Wolf and Cyber Risk Alliance’s 2023 Cyber Insurance Outlook Report, declaring Cyber Insurance Seeing Influx of Newcomers as Risk Awareness Grows.
- Global Affairs Canada, the element of the Canadian government that handles highly sensitive information that “define[s], shape[s] and advance[s] Canada’s interests and values in a complex global environment,” is facing a “massive” cyber breach detailed in this piece; Authorities investigating a massive security breach at Global Affairs Canada.
Cyber Insurance People
- AXA XL and CFC making moves in their cyber insurance ranks; CFC Levels Up Proactive Cyber Game with Cybersecurity Veteran Jason Hart and AXA XL Bolsters Cyber Defenses with Appointment of Michelle Chia as Chief Underwriting Officer.