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A recent CyberArk study found that 30% of employees share workplace passwords, creating an MFA security gap. The study surveyed 14,003 employees across six countries and revealed that 49% reuse…
Read More “MFA Security Gap: Why It Puts Cyber Insurance Coverage and Business Security at Risk” »
The Cybersecurity and Infrastructure Security Agency (CISA) published a draft update to the National Cyber Incident Response Plan (NCIRP) and is seeking public input. This update, the first since the…
Read More “CISA Releases Draft Update to Cyber Incident Response Plan for Public Review” »
Educational institutions worldwide are confronting a significant escalation in cyberattacks, with 77% of schools and universities reporting incidents within the past 12 months, according to a comprehensive new report from…
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some we reported on, and others we found interesting: Fitch with a look…
In the wake of alarmingly frequent cyberattacks targeting hotels, restaurants, and other hospitality businesses, a new partnership offers hope. Upfort, a leading cybersecurity and insurance platform, has joined with Parker,…
Read More “Upfort Strengthens Cybersecurity for Washington Hospitality Industry” »
To be secure is to be insurable. To be insured is to be secure. In that vein, Chubb has entered into a strategic partnership with NetSPI, a global leader in…
Read More “Chubb Partners with NetSPI to Bolster Cybersecurity Defenses for Policyholders” »
A new report from insurtech Resilience, Resilience Midyear 2023 Claims Report, reveals a significant shift in ransomware tactics. Cybercriminals are increasingly targeting larger organizations and employing encryption-less extortion methods. Key…
Read More “Ransomware Tactics Evolve as Cybercriminals Shift Focus to Big Targets” »
In an era dominated by technology, the specter of a cyber catastrophe looms large, posing a threat not fully comprehended. Companies are racing to bolster cyber resilience, and insurers are…
Read More “Navigating the Uncharted Waters of Cyber Catastrophes: Chubb’s Approach” »
The Data Health Check 2023 report, released by Databarracks, highlights the growing importance of cyber insurance. Cyber-attacks are now the leading cause of IT downtime and data loss. In 2023,…
Read More “Cyber Attacks Leading Cause of Data Loss and IT Downtime – Report” »
Hanover Specialty’s new report reveals that small- and mid-sized businesses generally lack preparedness for the increasing threat of a cyberattack, even though they have high confidence in their organization’s cybersecurity…
Read More “Cyberattacks on the Rise: Report Reveals Businesses Unprepared” »