The Source for Cyber Insurance News, Insights and Data
Lloyd’s Syndicate 1176 and Chaucer have partnered to introduce a specialized cyber insurance policy to protect nuclear power plant (NPP) operators from malicious cyber attacks. As cyber threats against the energy sector continue to rise in both number and sophistication, this collaboration aims to address the unique vulnerabilities of nuclear facilities and their critical role … Read more
The energy sector powers nearly every facet of modern life, from the moment you flip a light switch to the fuel that propels global industries forward. It’s a sprawling network of interconnected systems—electricity, oil, and natural gas—delivering critical resources through over 6,400 power plants and countless miles of pipelines. The scale is vast, and so … Read more
Recent cybersecurity incidents have highlighted vulnerabilities in critical industries like healthcare, finance, and manufacturing, where breaches can disrupt services and expose sensitive data. The increasing complexity of cyberattacks has underscored the urgent need for improved security measures, especially for critical infrastructure security. In this environment, RKON Technologies‘ latest acquisition comes at a pivotal time. RKON … Read more
CAC Group has launched CyberPeril Pro, a new cyber insurance solution tailored for the energy and utility sectors, responding to the increasing risks of cyberattacks on critical infrastructure. Recent incidents, such as the 2021 ransomware attack on Colonial Pipeline that caused fuel shortages across the U.S. East Coast, the 2023 Suncor Energy breach that disrupted … Read more
In May 2021, a ransomware attack on the Colonial Pipeline slammed the brakes on fuel deliveries across the U.S. East Coast, exposing the alarming vulnerability of critical infrastructure and sparking chaos in its wake. The oil and gas industry, which is highly dependent on automation and digital control systems, has since made cybersecurity a top … Read more