The Source for Cyber Insurance News, Insights and Data
CFC has announced the departure of Chief Underwriting Officer (CUO) Dan Trueman as part of a leadership restructuring. CFC Restructures Underwriting Leadership as Trueman Exits The specialist insurance provider conducted a strategic review and decided to reshape the CUO role to align with its global growth plans. As a result, Trueman is leaving the company. … Read more
The U.S. Government Accountability Office (GAO) has released a report urging the Coast Guard to enhance its oversight of the Maritime Transportation System (MTS) to address shortcomings in maritime cybersecurity. The report, titled “Coast Guard: Additional Efforts Needed to Address Cybersecurity Risks to the Maritime Transportation System,” identifies critical vulnerabilities, gaps in oversight, and deficiencies … Read more
Cyber Insurance at the Forefront of Risk Management Cyber insurance remains one of the fastest-growing sectors in the insurance industry. As cyber threats escalate globally, businesses are expanding coverage to safeguard against emerging risks. The Policyholder Review 2024/25, from UK law firm Stewarts, is their first annual review of the insurance disputes landscape. The report … Read more
Why a Cyber Risk Pool is Essential A newly released report from Lockton Re, “Cyber Risk Pools and Public-Private Partnerships: Time to Dive In?” highlights the urgent need for a cyber risk pool to mitigate the financial impact of large-scale cyberattacks. The report warns that existing insurance solutions are insufficient to handle systemic cyber threats, … Read more
As cyber threats targeting government supply chains increase, strong security standards like FedRAMP and StateRAMP ensure agencies can safely adopt cloud solutions. These cloud security certifications set clear cybersecurity requirements, helping federal, state, and local governments protect sensitive data and mitigate third-party risks. SecurityScorecard Expands Cybersecurity Compliance with FedRAMP and StateRAMP SecurityScorecard has achieved StateRAMP … Read more