The Source for Cyber Insurance News, Insights and Data
Words matter! Every single one. “The difference between the almost right word and the right word is really a large matter. ’tis the difference between the lightning bug and the lightning,” is how Mark Twain put it. He may not have been talking about incident response following a cyberattack, but his admonition still applies. A cyberattack can feel like … Read more
New Report Warns of Rising Cyberattack Risk When Staff Switch Off “When the cat’s away, the mice will play.” Or for the scholars, in Latin, “Dum felis dormit, mus gaudet et exsi litantro” captures the mood of today’s threat actors. When security teams nap for holidays or corporate shakeups, attackers celebrate, nay, “rejoice”. A new … Read more
The Marks & Spencer hack — which might cost the retailer $400 million in profits, erased even more in market cap and could lead to cyber insurance claims of at least $133 million — is just one of three recent hacks of large British retailers. “At some point the increase in frequency and severity — … Read more
A catastrophic cyberattack on America’s critical infrastructure is no longer a question of if but when. The new Netflix series Zero Day, starring Robert De Niro, dramatizes this terrifying reality—a massive cyber onslaught that cripples infrastructure, claims thousands of lives, and plunges the country into chaos. State-sponsored cybercrime, cyber warfare, or a Zero Day cyberattack … Read more
In its latest report, Netwrix unveils the stark and growing menace of cyberattacks that have surged over the past year. The 2024 Hybrid Security Trends Report, distilled from a survey of 1,309 IT and security experts worldwide, exposes that a staggering 79% of organizations have been prey to cyberattacks in the last 12 months—marking an … Read more