The Leading Source for Cybersecurity Insurance News, Insights and Data
“For example, increased SEC disclosure requirements may heighten your need for PR firms specializing in cyber crises.” Source: Proposed SEC Cybersecurity Rules Require Public Companies to Act Now | Woods…
“Adam Frumkin, chief information officer at the Franklin County, Ohio, Data Center and his team answered almost 500 questions in a back-and-forth with a cyber insurance provider last year. In…
Read More “Good News: Gov Agencies Getting Cyber Insurance. Bad News: It’s a Nightmare. ” »
“Data in motion is the most valuable data for companies. It’s also the data that carries the most risk for network security,’ says Stephen Cardot, founder and CEO of CloudCover. ‘Cyber…
Read More “CloudCover® Says It’s First With Cyber Insurance that Covers Data in Motion” »
Where reporting requirements exist, lawsuits follow. “The Cyber Incident Reporting Act puts in motion important new cybersecurity reporting requirements that will likely apply to businesses in almost every major sector…
Read More “Cyber Incident and Reporting Act Signed by President Biden ” »
The cyber insurance market has now been around long enough that, to use the lingo, “native” cyber insurance pros are now climbing the career ladder. “Tresa Stephens has been promoted…
Read More “This Promotion at AGCS Cyber Insurance May Make You Feel Old ” »
“But Jack Kudale, the founder and CEO, tells me that it’s projecting its policy holder base to grow three-fold in the next 12 months, to 35,000-40,000 customers (which would imply…
Read More “Cowbell Closes $100 Million B Round; CEO Discusses Growth Stats” »
“The cyber insurance provider leased the entire eighth floor of the 12-story Flatiron District (W. 24th) building, according to Kaufman. The landlord didn’t disclose the length of the lease, but…
Read More “ At-Bay Spending Some of Last Summer’s $185m D Round on Office Space” »
ILS= Insurance Linked Securities, which are financial instruments supporting retrocession, or reinsurance for reinsurers. Verisk surveyed ILS funds on their appetite for cyber insurance. “Thirteen ILS funds, representing nearly $60…
Read More “How Can the Cyber Insurance Market Increase Capacity? It’s Spelled I-L-S, Says Verisk” »
Insurers have been tightening their war exclusions and clarifying attribution requirements, especially after the recent court win by Merck over reimbursement of its losses from 2017’s NotPetya malware attack. “However,…
Read More “Cyber Insurers Unlikely to Face Major Losses from Russia/Ukraine War: DBRS Morningstar” »
The new report goes beyond the growing media and PR generalities on this topic. It includes specifics on types of potential attacks and other actionable data. It also provides context…