Cyber liability Insruance

Canadian Cyber Centre Releases National Cyber Threat Assessment Amid Evolving Cyber Risks

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The cyber threat landscape facing Canadian businesses is becoming increasingly complex and severe, with methods like identity theft, scams, fraud, and ransomware affecting a larger proportion of organizations. According to the 2023 Canadian Survey of Cyber Security and Cybercrime (CSCSC), about 1 in 6 (16%) Canadian businesses experienced cybersecurity incidents. This week, The Canadian Centre … Read more

Maritime Cybersecurity Strengthened by Beacon and Akimbo’s Proactive Defense Alliance

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Maritime trade is a vital component of the global supply chain, supporting the efficient movement of goods worldwide and increasingly relying on advanced technology. The industry faces increasing cybersecurity challenges as sophisticated attacks rise and regulatory standards tighten. Threats targeting information technology (IT) and operational technology (OT) systems are putting maritime operators under pressure to … 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 from us, some from others: Chubb on trust in digital payments; Resilience, Cowbell, and Coalition with people news; NSA official asks about the wisdom of paying ransomware; European Union NIS2 compliance looms; A piece on China-linked hackers … 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 from us, some from others: Searchlight Cyber and Marsh McLennan shine a light in the Dark Web; CFC and Blackpanda grow; Cowbell Examines Insider Threats; OpenText takes on state-sponsored cybercrime; Hospitals, Shipping Ports and Water Treatments plants … Read more

Blackpanda Secures US$6.7 Million Investment to Enhance Cyber Emergency Response Services in Asia

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Blackpanda, a Singaporean company providing cyber emergency response services for businesses, has secured a substantial boost with a US$6.7 million strategic investment round co-led by Singtel Innov8 and Gaw Capital Partners, alongside WI Harper Group. This funding aims to propel Blackpanda’s expansion throughout Asia while enhancing its flagship “IR-1” cybersecurity solution. The investment, which brings … Read more

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