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Leaving the Keys in the Ignition: VPN Weaknesses Open the Door to Ransomware

Posted on November 23, 2024November 23, 2024 By Martin Hinton

Using “admin” as a username for a virtual private network (VPN) is akin to parking your car and leaving the keys in the ignition. You are making it easy; why…

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Cybersecurity, Ransomware Insurance

Cyber Insurance Sunday – Upload

Posted on August 25, 2024August 25, 2024 By Martin Hinton

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: here’s more. At-Bay and Omdia and the…

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Cyber Insurance, Cyber Insurance Sunday - Upload

Global Ransomware Attacks Surge in Q2 2024: Corvus Insurance Report

Posted on August 22, 2024August 22, 2024 By Martin Hinton

With a title like “Ransomware Season Arrives Early,” you might be tempted to crawl back into bed and leave the digital world behind. But before you do, it’s worth reading…

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Cyber Insurance, Cyber Insurance Reports, Cybersecurity Report

Corvus Insurance Expands Cyber Insurance Offerings for Small Businesses

Posted on May 30, 2024May 30, 2024 By Martin Hinton

Small businesses often struggle to secure comprehensive cyber insurance due to limited coverage options and stringent underwriting criteria, leaving many vulnerable to cyber threats. With that in mind, Corvus Insurance…

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Small Business

Travelers Complete Corvus Insurance Acquisition

Posted on January 3, 2024January 3, 2024 By Martin Hinton

The Travelers Companies has officially sealed the deal on acquiring Corvus Insurance Holdings, Inc., a cyber liability insurance managing general underwriter known for its cutting-edge proprietary technology. Alan Schnitzer, Chairman…

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Cyber Insurance

Use Our Security Technology and Reduce Your Self-insured Claim Retention by 25%: Corvus 

Posted on June 23, 2023 By Mark Sauter

“’Corvus is the trusted, long-term cyber risk partner for our policyholders. We are constantly monitoring emerging threats and using the signals and data we have to recommend actionable measures to…

Read More “Use Our Security Technology and Reduce Your Self-insured Claim Retention by 25%: Corvus ” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Tech

Corvus Touts Unified Risk Prevention Solution, Reports It Reduces Breaches by Up to 20% 

Posted on May 31, 2023May 31, 2023 By Mark Sauter

“…Corvus Signal™, the risk prevention solution that brings together brokers, policyholders, and Corvus security experts in partnership. Corvus Signal has been shown to reduce cyber breach frequency and cost by…

Read More “Corvus Touts Unified Risk Prevention Solution, Reports It Reduces Breaches by Up to 20% ” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Tech

Corvus Names New President As Sector Demands Increasingly Deep Combos of Insurance/Tech Skills

Posted on April 3, 2023April 3, 2023 By Mark Sauter

The insurance pro will also oversee data science at the firm, which like its competitors must prove able to fuse insurance industry acumen with cutting-edge technology. “(I)n his new role…

Read More “Corvus Names New President As Sector Demands Increasingly Deep Combos of Insurance/Tech Skills” »

Cyber Insurance People

Will AI Help the Hackers or Cyber Carriers More?

Posted on March 24, 2023March 24, 2023 By Mark Sauter

Peter Hedberg, Vice President of Cyber Underwriting at Corvus Insurance, worries the hackers may benefit more in the short term: “Chat GPT removes a lot of markers because the answers…

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Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Tech

Corvus Acquires Tarian Underwriting 

Posted on January 6, 2022January 6, 2022 By Mark Sauter

“Corvus believes it has become the first US cyber insurtech to acquire a London underwriting platform, creating global underwriting capabilities and a partnership with Lloyd’s cyber insurance capacity.” Source: Tarian…

Read More “Corvus Acquires Tarian Underwriting ” »

Cyber Insurance Carriers & Brokers, Cyber Insurance Investments and M&A, Cyber Insurance Tech

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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