cyber insurance

Resilience Bolsters Defense, Doubles Cyber Insurance Limits to $20 Million Amid Rising Threats

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Resilience has announced a significant enhancement to its cyber insurance offerings, doubling its coverage limits for US clients to $20 million per client in response to escalating cybercrime threats. This increase aims to bolster defenses against the rising tide of cyber attacks. The new limits are part of a syndicate agreement with Lloyd’s Insurance Facility, … Read more

Cyber Insurance Sunday – Upload

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Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: Coalition looks at UK Mid-Market needs; Keepit and others on ransomware; The US Congress has a hearing; CISA hacked; SecurityScorecard reports that healthcare makes a grade, but it’s not an A. There’s more. Take a look. Share it. … Read more

Research Unveils Persistent Threat of Ransomware Attacks on Organizations – Halcyon Report

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Ransomware is wreaking havoc on organizations worldwide, and the numbers are staggering. Travel firm CWT Global shelled out $4.5 million in Bitcoin. The University of California San Francisco $1.14 million, and Colonial Pipeline paid $5 million. Chemical distributor Brenntag paid $4.4 million to DarkSide, while U.K.’s Travelex dished out $2.3 million to REvil. Cognizant Technology … Read more

Keepit Ransomware Seminar Emphasizes Continuous Learning in Cybersecurity and Insurance Amid Growing Threats

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In the ever-changing arena of cybersecurity and insurance, constant learning is crucial. Bad actors are continuously evolving, which significantly burdens individuals and companies to stay updated. To address this need, Keepit is hosting a webinar on cyber insurance strategies amid the surge in ransomware attacks. Keepit, a global cloud backup and recovery solutions provider, will … Read more

SecondSight and Optiv Form a Strategic Cybersecurity Insurance Partnership

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SecondSight and Optiv have announced a strategic partnership to integrate cybersecurity and cyber insurance. This collaboration incorporates Optiv’s cybersecurity services into SecondSight’s Vertical AI platform. This will provide a streamlined and personalized approach to enhancing cybersecurity defenses for businesses, brokers, and underwriters. The partnership introduces a new recommendation system within SecondSight’s platform, utilizing Optiv’s cybersecurity … Read more

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