Better Late Than Never & Better Insured Than Not: NY Town Announces Hack & Expected Recovery from Cyber Insurance for Government

The town of Webster, NY has announced it lost more than $520,000 in a phishing attack in November, but says local police have recovered $300,000 of the stolen money and its cyber insurer is expected to cover another $240,000 under the town’s cyber insurance for government. The incident has been described as a phishing attack, … Read more

Cyber Insurance: Does It Really Pay Out? Insights from Woodruff Sawyer

Cyber insurance has often been accused of failing to deliver when it’s needed most. David Anderson, a specialist at Woodruff Sawyer, has written “Does Cyber Insurance Pay Out?” to set the record straight. Backed by data and years of expertise, Anderson explains how tailored cyber insurance policies protect businesses, attacking the myth that these policies … Read more

Hong Kong Data Breaches 2024: Clyde & Co Insights on PCPD Findings

Clyde & Co has provided key insights into six data breach investigations conducted by Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD). The findings highlight critical shortcomings in cybersecurity and data protection practices, offering a roadmap for organizations to strengthen their defenses against increasingly sophisticated cyber threats. You won’t be surprised to … Read more

Email Security Trends 2025: Addressing the Disconnect Between Security and Risk Management

The Zivver Report: Email Security Trends 2025 highlights the critical disconnect between growing email compliance demands and the adoption of effective security measures. Email remains a vital communication tool for organizations worldwide, yet it is increasingly becoming a silent security risk. Based on insights from over 400 IT leaders and 2,000 employees across Europe, the … Read more

Old Republic Launches New Cyber and Technology Insurance Subsidiary

Old Republic International Corporation (NYSE: ORI) has announced the formation of Old Republic Cyber, Inc., a new underwriting subsidiary specializing in Cyber and Technology Errors and Omissions (E&O) insurance products. This initiative marks the seventh specialty company launched by Old Republic in the past nine years, reinforcing its commitment to diversification and innovation. The newly … Read more

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