The Source for Cyber Insurance News, Insights and Data
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 not leave the car running? This careless practice can make your system vulnerable to ransomware attacks. According to Corvus Insurance’s Q3 2024 Cyber Threat Report, … Read more
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 value of InsurSec; Corvus with a reminder about ransomware; Skybox with a warning for utility companies; Halliburton faces a possible hack; And a look at … Read more
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 how serious this season will be. In the second quarter of 2024, global ransomware attacks continued escalating, with the Corvus Insurance report identifying 1,248 victims. … Read more
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 has announced several enhancements to its underwriting capabilities and cyber services. These updates aim to expand the company’s reach and better serve its policyholders. For … Read more
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 and CEO of Travelers, expressed satisfaction with the partnership forged with Corvus over the past year. The completion of the acquisition marks the official integration … Read more