Cyber Insurance Sunday – Upload

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Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: Reports on critical infrastructure risk by the GAO and Chaucer; Blumira and Trava Security partner; SecurityScorecard looks to the skies; there is always lots of ransomware news; and IBM looks at the cost of data breaches. There’s more. … Read more

EPA Urgently Needs a Strategy to Address Cybersecurity of Water Systems – GAO

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“We forget that the water cycle and the life cycle are one,” said Jacques Cousteau, the renowned oceanographer and environmental advocate. Humans, composed of approximately 60% water, depend on this vital resource for survival, with civilizations flourishing around its availability. A recent report from the United States Government Accountability Office (GAO) underscores the urgent need … Read more

Coalition Introduces Active Cyber Insurance in Germany

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Coalition has launched its Active Cyber Insurance in Germany through its subsidiary, Coalition Insurance Solutions GmbH. This new insurance offering is available starting today. The Federal Financial Supervisory Authority’s 2024 Risks in Focus Report, produced by BaFin Germany’s Federal Financial Supervisory Authority, identifies cyber-attacks and IT system breakdowns as major threats to German businesses. Coalition’s … Read more

The Aviation Industry and Cyber Risk – SecurityScorecard Report

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The aviation industry is a marvel of complexity, coordinating intricate schedules, unpredictable weather patterns, and the seamless flow of information across digital networks. From customer interactions to internal communications, the industry’s reliance on these digital systems is paramount for maintaining ongoing and reliable operations. Ensuring the cybersecurity of these systems is thus critical. With news … Read more

Boost Insurance Secures Major Investment from BHMS

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Boost Insurance Holdings, Inc., an infrastructure platform for MGAs, independent brokers, and emerging digital insurance providers, announced in a press release that it has secured a significant equity investment from BHMS Investments, LP. This investment aims to fuel Boost’s growth, product development, and market leadership in the MGA infrastructure space. Boost offers highly configurable, tech-enabled … Read more

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