The Source for Cyber Insurance News, Insights and Data
A recently published report by cyber advisory and solutions firm Optiv reveals a substantial 59% year-over-year increase in cybersecurity investment, underscoring organizations’ growing priority on cyber defense. The 2024 Threat and Risk Management Report, based on a survey of 650 IT and cybersecurity professionals by the Ponemon Institute, outlines how companies navigate the complex and … Read more
In the business world, “the customer is always right” often holds true, but a new study suggests that mid-market companies in the U.K. are far from satisfied with their cyber insurance options. Coalition’s recent survey offers valuable insights into the experiences and perceptions of these cyber insurance customers. Conducted by Opinion Matters in February 2024, … Read more
Amid growing concerns over cybercrime, the U.S. healthcare sector remains a prime target for cybercriminals. New research from SecurityScorecard indicates that the U.S. healthcare sector has achieved a “B+” cybersecurity rating for the first half of 2024. However, the report “The Cyber Risk Landscape of the U.S. Healthcare Industry, 2024” also highlights a significant supply … Read more
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: CyberCube gets a new “fit.” Zywave Awards Resilience, Marsh, CrowdStrike, CFC, and many others. Coverdash on compliance. AttackIQ and Trium Cyber team up. And a more human concern regarding … Read more
Coverdash has partnered with Drata, a security and compliance automation platform. This collaboration aims to automate the cyber insurance component of SOC-2 compliance, significantly simplifying the process for businesses. SOC-2 compliance, developed by the American Institute of CPAs (AICPA), is a voluntary framework that ensures companies securely manage customer data to protect privacy and confidentiality. … Read more