Cyber Insurance Sunday
Just a few items from the week. It’s a wide bucket for Sundays, cyber insurance, cybersecurity, and more. Some we reported on, and others we found interesting. Enjoy the day!…
New SEC Rule Requires Companies to Report Cyber Incidents, FBI Offers Guidance on Delaying Disclosure
Starting December 18, 2023, publicly traded companies in the US will be required to disclose material cybersecurity incidents to the Securities and Exchange Commission (SEC). If an organization determines a…
One in Five Businesses Hit by Cyberattacks, Lacking Preparedness
A stark new report reveals that a staggering one in five businesses in the United Kingdom have fallen victim to cyberattacks in the past year. This alarming statistic shines a…
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Industrial Sector Hit Hard by Ransomware Rampage
Ransomware stalks the factory floor. Claroty, a cyber-physical systems protection company, has released a new study revealing a concerning surge in ransomware attacks within the industrial sector. The research, “The…
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Chubb Partners with NetSPI to Bolster Cybersecurity Defenses for Policyholders
To be secure is to be insurable. To be insured is to be secure. In that vein, Chubb has entered into a strategic partnership with NetSPI, a global leader in…
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mShift and CyberCube Partner to Enhance Cyber Risk Transparency for SMEs
In a strategic move, Millennial Shift Technologies Inc. (mShift) has partnered with CyberCube, a prominent cyber risk analytics platform. The collaboration aims to enhance cyber risk transparency within the small…
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Measured Analytics and Insurance Attains AWS Cyber Insurance Competency
Measured Analytics and Insurance, a leading AI-powered cyber insurance provider, announced its attainment of the Amazon Web Services (AWS) Cyber Insurance Competency. This recognition solidifies Measured as a distinguished AWS…
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MAPFRE Partners with Cyberwrite to Enhance Cybersecurity for SME
Cyberattacks are expensive. Cybersecurity is vital. In 2022 for small and medium-sized enterprises (SMEs), the average cost of an attack was $3.6 million, according to IBM’s 2023 Cost of a…
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Oliver Bäte, Allianz CEO, Joins Coalition’s Board of Directors
San Francisco-based Coalition, the Active Insurance provider, has appointed Mr. Oliver Bäte, Chief Executive Officer of Allianz SE, to its Board of Directors. This strategic move underscores Bäte’s dedication to…
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Global Cyber Insurance Market Thrives Amidst Increasing Cyber Threats – Report
The Global Cyber Insurance Market, valued at US$9.89 billion in 2022, is anticipated to witness a CAGR of 11.7% from 2023 to 2031. That is from a new report by…
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