The Source for Cyber Insurance News, Insights and Data
Knowledge Drives Better Protection – That’s the focus behind DynaRisk’s $4.7 million investment round, led by YFM Equity Partners. The London-based cyber risk firm will utilize the funds to accelerate its global expansion and expedite the development of its cybersecurity technology for insurers. Backing Innovation in Cyber Risk Tools Founded in 2016 by former banking … Read more
Insurance giant Aflac will report its Q2 financial results on August 5th. Although its press release is silent on the topic, it seems likely the company cannot duck providing more detail on the cyber event 8-K it filed with the SEC last month disclosing “unauthorized access to its network.” The company has blamed the penetration … Read more
Attend to the Deed, Not The Word – Whether you write it “cyber security” or “cybersecurity,” the threats are real and rising, and two major organisations just joined forces to fight back. The Chartered Institute of Management Accountants (CIMA) has signed a Memorandum of Understanding with Templar Executives to strengthen cyber resilience across Europe’s finance … Read more
New Cyber and Financial Institutions Insurance Targets Digital Asset Risk Head-On – Mosaic Insurance has introduced an insurance product designed for digital asset firms, combining cyber and financial institutions (FI) crime protection under one offering. The new product covers cyber liability, technology errors and omissions (E&O), and crime. Clients can choose stand-alone or blended packages. … Read more
Ports Handle Trade. But They Can’t Handle a Breach – Maritime ports manage over 80% of global trade. They are also integral to NATO’s military logistics. They are critical infrastructure. But they are not ready for cyber war. NATO’s Cooperative Cyber Defence Centre of Excellence (CCDCOE) says ports face “unprecedented cybersecurity threats.” The actors? Russia, … Read more