The Source for Cyber Insurance News, Insights and Data
An interesting blog post from Microsoft sheds light on the company’s Secure Future Initiative (SFI), a comprehensive cybersecurity effort that has grown rapidly since its launch in November 2023. The post highlights SFI’s expansion in May 2024 and details its progress across six key security pillars. Microsoft claims that SFI, with 34,000 full-time engineers, represents … Read more
If you’re a regular reader of this site, it won’t surprise you to learn that cyber risks have once again taken the top spot as the biggest concern for U.S. businesses. According to the 2024 Travelers Risk Index, cyber threats now worry more business leaders than any other issue. The annual survey conducted by The … Read more
It might seem obvious that being mentioned on the dark web increases the risk of a cyberattack, but a new study by Searchlight Cyber, conducted with Marsh McLennan Cyber Risk Intelligence Center, reveals just how strong that correlation is—and the detailed findings offer valuable insights for businesses. The report, The Correlation Between Dark Web Exposure … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: Envelope Risk with a Solution; BlackCloak with a Personal Touch; NetDiligence look at 10,000 Cyber Claims; Microsoft with a warning for healthcare; And, is this the “Golden Age” of Scams? There’s more. … Read more
What some call the largest IT outage in history was caused by a faulty software update, not a cyber attack. But the team at Broadstone thinks the CrowdStrike debacle this summer will move the cyber liability insurance market anyway. “The CrowdStrike event, along with other recent cyber incidents like MoveIT, Change Healthcare, CDK Global, and … Read more