cyber insurance

The Role of Human Error in Cybersecurity Failures and How to Mitigate It

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Humans are the heartbeat of any organization, driving innovation, decision-making, and daily operations; as both customers and employees, they keep businesses afloat. However, with human involvement comes the inevitability of human error. This issue transcends industries—whether it’s the 1999 NASA Mars Climate Orbiter crash caused by a metric conversion error or the 2021 Colonial Pipeline … Read more

Cyber Insurance Market Grows, But C-Suite and Board Engagement Remains Low

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Despite the growing adoption of cyber insurance across large enterprises, a striking gap remains in executive and boardroom engagement with these crucial policies. According to the 2024 Cyber Insurance Report by QBE North America and Zywave, only 38% of companies frequently discuss cyber insurance at the C-suite level, and fewer than 20% of boards are … Read more

Concierge Cyber Launches Companion Products for D&O Insurance

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Directors and Officers (D&O) insurance can be an essential part of protecting executives’ personal assets and mitigating the risks companies face from lawsuits tied to management decisions. With this concern in mind, there is news that Concierge Cyber has introduced two new products, Concierge Cyber with D&O Shield and Concierge Cyber with Entity Shield, to … Read more

Cybersecurity Skills Shortage Poses Significant Risks for Small and Mid-Sized Businesses (SMBs)

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Small and mid-sized businesses (SMBs) are grappling with a critical shortage of cybersecurity skills, leaving them vulnerable to increasingly sophisticated cyberattacks, according to a recent report from Sophos. The report, published in October 2024, highlights the disproportionate impact of the global cybersecurity talent shortage on organizations with fewer than 500 employees. These businesses, it warns, … Read more

Supply Wisdom and SecurityScorecard Join Forces to Enhance Cyber Risk Management

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Supply Wisdom has announced a partnership with SecurityScorecard to enhance third-party risk management. This collaboration integrates Supply Wisdom’s full-stack, real-time risk intelligence platform with SecurityScorecard’s third-party cyber risk management and supply chain detection and response solutions. By offering real-time insights across multiple risk domains, the partnership aims to provide businesses with a comprehensive view of … Read more

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