The Source for Cyber Insurance News, Insights and Data
Measured Analytics and Insurance, a leading AI-powered cyber insurance provider, announced its attainment of the Amazon Web Services (AWS) Cyber Insurance Competency. This recognition solidifies Measured as a distinguished AWS Partner Network (APN) member. In the AWS Competency Program, Measured utilizes a quoting solution to assess customers’ AWS environments via AWS Security Hub. The outcome … Read more
Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has announced a collaboration with Microsoft and Ingram Micro to provide SMEs with complimentary Microsoft Exchange migrations to Microsoft 365 Business Premium. This partnership aims to empower SMEs to enhance their cybersecurity posture, reduce exposure to cyber risk threats, and earn a 5% premium … Read more
Cyberattacks are expensive. Cybersecurity is vital. In 2022 for small and medium-sized enterprises (SMEs), the average cost of an attack was $3.6 million, according to IBM’s 2023 Cost of a Data Breach Report. This was up from $3.1 million in 2021. To enhance cybersecurity for SMEs, MAPFRE, a leading Spanish insurer, has partnered with Cyberwrite, … Read more
San Francisco-based Coalition, the Active Insurance provider, has appointed Mr. Oliver Bäte, Chief Executive Officer of Allianz SE, to its Board of Directors. This strategic move underscores Bäte’s dedication to technological innovation in the insurance sector, especially in the ever-evolving landscape of cyber insurance. “We’re thrilled to have Oliver join Coalition’s Board as it’s a … Read more
Healthcare provider Ardent Health Services faces a cybersecurity challenge with a ransomware attack affecting its information technology systems. While the full extent of compromised patient health or financial data is unknown, Ardent emphasizes patient safety as its top priority. In a statement, Ardent said they “became aware of an information technology cybersecurity incident on the … Read more