The Source for Cyber Insurance News, Insights and Data
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: We have some thoughts on the CrowdStrike Outage, SeedPod Cyber and Seceon Partner, Cash for Cowbell, A grand jury indictment related to healthcare hacks, and a disturbing read from The Washington Post about how some online scams are … Read more
Security Fix Backfires, Creating More Problems The CrowdStrike outage that began on July 19, 2024, serves as a critical reminder of the vulnerabilities in our digital infrastructure and the profound dependency on cybersecurity solutions. A routine sensor configuration update went awry, leading to a system crash affecting millions of devices globally, particularly those running on … Read more
The recent CrowdStrike outage on July 19 had a ripple effect across a wide range of industries, from airlines to the national organ transplant matching system. In our interconnected world, few can escape its impact. Now, Parametrix provides a detailed look at the financial cost. It’s more than just a ripple. They estimate a total … Read more
This morning, when we went to see the latest CrowdStrike Outage news, we knew there’d be a lot to read. Over 30 pages of articles in the Google News search in just the last 24 hours. We took the time to compile a number of them. They illustrate the scale, scope, and impact from large … Read more
The recent CrowdStrike outage has left many wondering about the full extent of its impact on the cyber liability insurance market. Consider this: “This is exactly what cyber insurance is meant to cover. …This is not something that is outside of our control,” said Meredith Schnur, U.S. and Canada cyber practice leader at broker Marsh. … Read more