The Source for Cyber Insurance News, Insights and Data
The headline grabbed you. Words like “Lost,” “Scammers,” “Retirement,” and “Savings” can do that. Adding a number didn’t hurt—”$740,000.” This information recently appeared in a New York Times article about cybercriminals targeting Americans over 60. The wisdom of this targeting? These people have money—or, as the Times put it, “the largest pile of savings.” This … Read more
Insurtech provider At-Bay announced the appointment of Ken Riegler as President of At-Bay Insurance. Riegler brings over 25 years of experience in the insurance industry and will aim to support At-Bay’s growth and service development. Riegler most recently served as President of North America General Insurance, Retail, and Field Operations at AIG, managing a multi-billion … Read more
Inscora, a Montreal-based startup specializing in automated cyber risk assessment and sales enablement for cyber insurance brokers, has secured $2 million in funding. The investment round was spearheaded by Luge Capital, with contributions from Desjardins Capital, Accelia Capital, Inovia Capital, and prominent angel investors from the cybersecurity sector. Co-founded by cybersecurity veterans Gabriel Tremblay, Pierre-David … Read more
New research from SecurityScorecard and The Cyentia Institute reveals a stark reality for Global 2000 companies: 99% are directly connected to vendors that have experienced recent breaches. Prompted by new SEC cybersecurity requirements demanding transparency around third-party breaches, this report underscores the rising threat of multi-party supply chain attacks. The report features a cover inspired … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: Reports on critical infrastructure risk by the GAO and Chaucer; Blumira and Trava Security partner; SecurityScorecard looks to the skies; there is always lots of ransomware news; and IBM looks at the cost of data breaches. There’s more. … Read more