Adlumin and Cysurance Partner On Cyber Insurance For SMBs

Adlumin, a security operations platform and managed detection and response (MDR) service provider, has announced two new offerings to help small and mid-sized organizations (SMBs) improve their cybersecurity posture and get access to cyber insurance coverage. The first offering is the Adlumin Protect Warranty. It provides up to $500,000 in financial protection at no cost … Read more

A Good Cyber Report Card Can Earn Companies Insurance Discounts: SecurityScorecard & Measured Analytics

SecurityScorecard generates the equivalent of a credit score for a company’s cyber security (see below). Measured Analytics and Insurance will use (good) cyber scores to provide coverage discounts, as well as identify needed security improvements. This marks another partnership between insurance carriers and security tech providers, from assessment specialists such as SecurityScorecard to vendors of … Read more

Are Ransomware Gangs Trustworthy?

Cyber Insurance News has wondered how often ransomware gangs — groups of criminals often supported by hostile foreign powers — can be trusted. We asked Jennifer Coughlin of Mullen Coughlin, “a law firm uniquely dedicated exclusively to representing organizations facing data privacy events, information security incidents, and the need to address these risks before a … Read more

“Irresponsible Underwriting” Arises in Cyber Insurance Market As Capacity Increases & Premium Growth Moderates: Risk Placement Services

Risk Placement Services (RPS), a national brokerage, calls itself “brokers in bold.” It recently presented its quarterly cyber update, including a report and presentations by RPS’ Steve Robinson, national cyber lead, Vice Presidents Tim Foody and Zach Kramer, and Jennifer Coughlin of Mullen Coughlin, “a law firm uniquely dedicated exclusively to representing organizations facing data … Read more

9/11 and Cyber Insurance: From the Cyber Insurance News Team

One comment heard around the world on 9/11 is “Never Forget.” This exhortation applies to more than just the memory of 9/11 victims or the continued threat of terrorism. It should also serve as a reminder that “Black Swan” events never occur without at least some warnings. In 1998 Osama Bin Ladin issued a religious … Read more

×