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Cyber Insurance News

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Silverfort Claims to Drastically Improve Incident Response with Identity-First Approach

Posted on September 30, 2024September 30, 2024 By Martin Hinton

Effective incident response is vital in the fight against cybersecurity threats, as swift containment and recovery can significantly minimize the damage from attacks. Minimizing recovery time is especially critical in…

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Cyber Insurance Best Practices

Cyber Insurance Sunday – Upload

Posted on September 29, 2024September 29, 2024 By Martin Hinton

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…

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Cyber Insurance Sunday - Upload

OpenText Report Reveals Cybercrime’s Shift: Nation-States Join Forces with Criminal Gangs

Posted on September 27, 2024September 27, 2024 By Martin Hinton

Nations have long been accused of preparing to fight the last war instead of the next, a lesson military strategists like General Douglas MacArthur famously warned about. But in the…

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Cybersecurity, Cybersecurity Report

Mastercard Strengthens Cybersecurity Capabilities with Recorded Future Acquisition

Posted on September 13, 2024September 13, 2024 By Martin Hinton

Remember the good old days when verifying a credit card involved little more than matching signatures on a card and a receipt? If your signature looked like a squiggly line…

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Cyber Insurance

A Hurricane of Cyber Insurance – Report

Posted on September 4, 2024September 4, 2024 By Martin Hinton

Natural disasters are easy to comprehend because the damage is visible, tangible, and emotionally striking; you can see the devastation and read the stories of lives lost. Cyberattacks, by contrast,…

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Cyber Insurance, Cyber Insurance Reports

Cyber Insurance Sunday – Upload

Posted on September 1, 2024September 1, 2024 By Martin Hinton

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: RPS with a Mea Culpa; Netwrix heads…

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Cyber Insurance, Cyber Insurance Sunday - Upload

Cybercrime Boom: Great American Beefs Up Cyber Insurance

Posted on February 14, 2024February 14, 2024 By Martin Hinton

Cybercrime costs the world’s economy trillions of dollars a year. Some research projects that figure to reach a staggering $10.5 trillion by 2025. As a result, the demand for robust…

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Cyber Insurance People

Cyber Insurance Sunday – Upload

Posted on December 17, 2023December 17, 2023 By Martin Hinton

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!…

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Cyber Insurance Sunday - Upload

Beware of Cyber Scrooges: Festive Fortifications Against Holiday Cybersecurity Scams and Theft

Posted on November 21, 2023November 21, 2023 By Martin Hinton

‘Tis the season for gift-giving joy, but beware—the Grinches of cyberspace are plotting holiday scams and theft! Fear not, savvy readers, as Chicago-based cybersecurity firm Keeper Security unwraps the cybersecurity…

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Cybersecurity

New York Cybercrime Report Shows 53% Increase in Attacks Since 2016

Posted on October 11, 2023October 11, 2023 By Martin Hinton

A new report released by New York State Comptroller Thomas P. DiNapoli today shows that cyberattacks in the state have increased 53% since 2016, jumping from 16,426 incidents in 2016…

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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