cyber insurance

HITRUST and Trium Cyber Launch New Cyber Insurance Product

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HITRUST, an enterprise risk management and information security company, has partnered with specialty insurance underwriter Trium Cyber to introduce a new cyber insurance product. This product, exclusively available to HITRUST-certified customers, aims to align information risk assurances with insurance underwriting standards. The new insurance offering, initially available to HITRUST r2 certified entities, addresses the growing … Read more

UK Cyber Insurance Industry Unites to Combat Ransom Payments

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Three major UK insurance associations have teamed up with GCHQ’s National Cyber Security Centre (NCSC) to reduce ransom payments from cyber crime victims. This collaboration aims to undermine the profitability of ransomware attacks and enhance market-wide ransomware discipline, ultimately reducing harm to organizations. The financial toll of ransomware on UK businesses has been substantial, with … 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. Some we reported on, and others we found interesting: Howden takes a peek at risk, WTW acts, the US Navy and Accenture set sail, and Berkshire Hathaway chimes in on cyber insurance. There’s more. Take a look. Share … Read more

Insights on Cyber Risk: Strategic Opportunities in the Reinsurance Market-Report

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A recent report by Howden Re explores the evolution of the cyber (re)insurance market, advocating for a shift from viewing cyber risk merely as a threat to recognizing its potential as a significant growth opportunity. The report, titled Re-framing cyber risk: navigating threats and embracing opportunities, highlights a persistent imbalance in the industry’s perception of … Read more

Cysurance Partners with Check Point Software to Enhance Cybersecurity for Data Centers

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Cysurance, a risk mitigation company, has teamed up with Check Point Software Technologies Ltd. to introduce a new Managed Firewall-as-a-Service (MFaaS) for data center and colocation customers. Announced on May 7, 2024, this service includes certification, warranties, and an Insurability Assessment Program supported by Check Point’s Infinity Global Service team. Kirsten Bay, CEO of Cysurance, … Read more

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