The Source for Cyber Insurance News, Insights and Data
In a significant cybersecurity incident, Microsoft revealed that a Russian hacking group gained unauthorized access to email accounts of some senior leaders. The intrusion by a group identified as Midnight Blizzard or Nobelium, was detected on January 12, 2024. Microsoft’s security team responded to the nation-state sponsored hacking. Midnight Blizzard, previously responsible for the SolarWinds … Read more
NuHarbor Security, a managed security provider, has unveiled the second annual edition of the SLED Cybersecurity Priorities Report (CPR), shedding light on the often overlooked state, local, and education (SLED) organizations in the cybersecurity landscape. The report delves into the challenges and innovations within the SLED community. This report features insights from interviews with prominent … Read more
CoverForce has expanded its API toolkit to include cyber insurance. This development responds to the soaring global growth of the cyber insurance subsector. It is predicted to increase by 25-30% annually. With an estimated market value of $23 billion by 2025, according to S&P Global. The CoverForce API already encompasses an extensive range of commercial … Read more
In the wake of alarmingly frequent cyberattacks targeting hotels, restaurants, and other hospitality businesses, a new partnership offers hope. Upfort, a leading cybersecurity and insurance platform, has joined with Parker, Smith & Feek, and the Washington Hospitality Association. This will empower over 6,000 industry members in the state to manage cyber risks and safeguard their … Read more
In response to the escalating threat of cyber attacks, the Third-Party Cyber Liability Insurance market is experiencing substantial growth worldwide. Organizations, recognizing the critical need for protection, are driving the surge in demand for this insurance. This insurance is a vital risk management tool, covering legal claims, regulatory fines, notification of and credit monitoring services … Read more