Cyber Insurance Sunday – Upload

From cyber insurance to fascinating finds, this issue of Cyber Insurance Sunday’s newsletter has a bit of everything. Well, not everything, no recipes. Happy reading!

Russian Hackers Breach Microsoft

In a significant cybersecurity incident, Microsoft revealed that a Russian hacking group gained unauthorized access to email accounts of some senior leaders. The intrusion by a group identified as Midnight Blizzard or Nobelium, was detected on January 12, 2024. Microsoft’s security team responded to the nation-state sponsored hacking. Midnight Blizzard, previously responsible for the SolarWinds … Read more

Upfort Strengthens Cybersecurity for Washington Hospitality Industry

In the wake of alarmingly frequent cyberattacks targeting hotels, restaurants, and other hospitality businesses, a new partnership offers hope. Upfort, a leading cybersecurity and insurance platform, has joined with Parker, Smith & Feek, and the Washington Hospitality Association. This will empower over 6,000 industry members in the state to manage cyber risks and safeguard their … Read more

Booming Third-Party Cyber Liability Insurance Market Sees Global Surge

In response to the escalating threat of cyber attacks, the Third-Party Cyber Liability Insurance market is experiencing substantial growth worldwide. Organizations, recognizing the critical need for protection, are driving the surge in demand for this insurance. This insurance is a vital risk management tool, covering legal claims, regulatory fines, notification of and credit monitoring services … Read more

biBERK Business Insurance Unveils Essential Guide to Cyber Insurance for Small Businesses

In the face of escalating cyber threats, biBERK Business Insurance urges every business owner to confront the risk of cyberattacks head-on. With cybercriminals employing sophisticated methods such as phishing, ransomware, MITM attacks, and brute force attacks, small businesses are not immune. You can find a link to their full guide, a very good primer, at … Read more

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