The Source for Cyber Insurance News, Insights and Data
Joseph Wright of Blue Team Alpha recently explained on the Cyber Insurance News podcast that incident response planning saves money. “The financial hit multiplies ten to fifteen times beyond what proactive measures would have cost,” Wright said. You can hear that episode here or here. That message now echoes in a major report from Marsh … Read more
We’ve reported that insurance giant Aflac filed an SEC 8-K form in June to disclose that a hacker had used “social engineering” to gain “unauthorized access to its network.” Interestingly, at least for cyber insurance nerds such as us, Aflac did not file an “Item 1.05” 8-K for a “material” cyber event, but rather an … Read more
We’ve long covered the SEC’s regulation requiring public companies to disclose serious cybersecurity incidents in an 8-K filing. See several updates and the text of the cyber disclosure regulation here. A common theme since the rules were released in 2023 has been confusion about when cybersecurity 8-Ks must be filed. The rules seem straightforward on … Read more
A Sharp Rise in Senior Scam Losses – Making victims of the vulnerable is nothing new. But apps, phone banking, online banking, AI, and deepfakes are supercharging scams against seniors. Criminals are exploiting digital tools to drain life savings, leaving older Americans devastated. The Federal Trade Commission (FTC) reports staggering increases in scams targeting seniors, … Read more
Security Leaders Expect Cyberattacks Soon – Proofpoint’s 2025 Voice of the CISO report delivers a stark message: most chief information security officers (CISOs) feel under siege. “76% feel their company is at risk of a material cyberattack within the next 12 months,” the report states. That’s up from 70% last year. More than a third … Read more