The Source for Cyber Insurance News, Insights and Data
In the latest episode of the Cyber Insurance News and Information Podcast, host Martin Hinton dives deep into the complexities of cybersecurity insurance with industry experts Craig Sekowski (TheTechCollective.net) and Ralph Pasquariello (Care-Report.com). Together, they unpack the biggest challenges small businesses face in understanding cyber insurance, the critical role of cyber resilience, and the growing … Read more
The U.S. Government Accountability Office (GAO) has released a report urging the Coast Guard to enhance its oversight of the Maritime Transportation System (MTS) to address shortcomings in maritime cybersecurity. The report, titled “Coast Guard: Additional Efforts Needed to Address Cybersecurity Risks to the Maritime Transportation System,” identifies critical vulnerabilities, gaps in oversight, and deficiencies … Read more
Cyber Insurance at the Forefront of Risk Management Cyber insurance remains one of the fastest-growing sectors in the insurance industry. As cyber threats escalate globally, businesses are expanding coverage to safeguard against emerging risks. The Policyholder Review 2024/25, from UK law firm Stewarts, is their first annual review of the insurance disputes landscape. The report … Read more
The Cyber Monitoring Centre (CMC) has launched a classification system to categorize cyber events affecting UK organizations. This initiative provides a way to assess and communicate the severity of cyber incidents. The system ranks events on a scale from one (least severe) to five (most severe). Cybersecurity Monitoring The way we think about the Cyber … Read more
A new report from SecurityScorecard reveals some interesting details about third-party cyber risks in insurance. Among them, 59% of insurance industry breaches stem from third-party attack vectors. These findings underscore vulnerabilities in the supply chain that expose critical policyholder data to cyber threats. The study analyzed 150 top insurance firms, revealing an industry struggling with … Read more