The Source for Cyber Insurance News, Insights and Data
Starting December 18, 2023, publicly traded companies in the US will be required to disclose material cybersecurity incidents to the Securities and Exchange Commission (SEC). If an organization determines a cyber incident is “material,” the event must be disclosed within four business days. The FBI, working with the Department of Justice, has released guidance for … Read more
In a landmark move, the U.S. Department of Health and Human Services’ Office for Civil Rights (OCR) announced a settlement with Lafourche Medical Group, a Louisiana-based healthcare provider. This marks the first-ever settlement by OCR regarding a phishing attack under the Health Insurance Portability and Accountability Act (HIPAA). The settlement stems from a 2021 incident … Read more
A stark new report reveals that a staggering one in five businesses in the United Kingdom have fallen victim to cyberattacks in the past year. This alarming statistic shines a spotlight on the growing threat businesses face from cybercriminals. In a testimonial to our changing times, the research conducted by Aviva found that businesses are … Read more
To be secure is to be insurable. To be insured is to be secure. In that vein, Chubb has entered into a strategic partnership with NetSPI, a global leader in proactive cybersecurity. The collaboration aims to enhance clients’ cyber-risk profiles by leveraging NetSPI’s technology, offering advanced attack surface management and penetration testing solutions. Chubb customers … Read more
At-Bay, an InsurSec provider, has achieved the Amazon Web Services (AWS) Cyber Insurance Competency. This distinction recognizes At-Bay as an AWS Partner that assists AWS customers in improving their security posture and obtaining affordable cyber insurance coverage. At-Bay’s solution utilizes AWS Security Hub to evaluate a customer’s AWS environment. Then they provide actionable advice for … Read more