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Be ready to detail how you handled well-known vulnerabilities in 2021. “Every application nowadays includes questions like: Have you had any exposure to SolarWinds, Microsoft Exchange Marauder vulnerability, or the…
We can think of some more. According to the report: “…the biggest misconception around cyber insurance is still summarized by the sentence, ‘It’ll never happen to me.’ Cyber attacks are…
“The company explained it will no longer cover losses resulting from ‘cyber-war,’ which it defined as a cyber-operation carried out as part of a war, any retaliatory attacks between specified…
Read More “Lloyd’s Won’t Cover Losses from State-Sponsored Cyber Attacks ” »
“The Relay I5 platform allows insurance brokers to visually structure placements, rapidly identify and approach the most relevant markets, and access tools to help increase win rates. At-Bay offers instant,…
Read More “Relay Teams With At-Bay — Brokers to Access “Instant, Bindable” Cyber Insurance Quotes” »
“In utilizing blockchain technology for this incremental insurance of ‘data in motion,’ CloudCover is creating a permanent and public record of every micro-policy that is opened and closed. Each micro-insurance…
Read More ““Micro” Cyber Insurance Enabled by Blockchain Gets Patent; From CloudCover ” »
“According to the Council of Insurance Agents & Brokers, cyber insurance premiums grew more than a quarter (25.5%) during that period. That’s well above the 17.4% increase witnessed by umbrella insurance…
Move is linked to the Terrorism Risk Insurance Program (TRIP) & potential increased industry role by US Treasury Department. “Treasury is navigating a narrow course between trying to work with…
Read More “Feds Looking for More Cyber Insurance Data From Providers ” »
“At a time when the need for cyber insurance has never been more clear, brokerages have spent much of 2021 decreasing coverage and increasing rates. But on Friday, tucked into…
Read More “Cyber Insurance Market Looks for New Approach, With Lloyds Downshifting on Coverage ” »
“Crawford’s global head of Cyber Paul Handy says organisations should focus not only on risk prevention but also preparedness in the event of a cyber incident, and a key part…
“The funding round was co-led by General Catalyst and Corey Thomas of Rapid7, with participation from Lightspeed Venture Partners, Founders Fund, Charles River Ventures, Shield Capital and Intact Ventures.” Source:…