The Source for Cyber Insurance News, Insights and Data
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: Chubb on trust in digital payments; Resilience, Cowbell, and Coalition with people news; NSA official asks about the wisdom of paying ransomware; European Union NIS2 compliance looms; A piece on China-linked hackers … Read more
Coalition has appointed Tine Simonsen as Head of Insurance for Continental Europe, marking a significant step in its European expansion. Coalition, known for its Active Insurance model, is enhancing its presence in the European market with Simonsen at the helm. This move is set to bolster Coalition European operations. Simonsen brings nearly 14 years of … Read more
The NIS2 Directive and deadline, set to take effect on October 18, 2024, represents a major evolution in the European Union’s cybersecurity framework, extending its regulatory reach to a broader range of sectors and imposing stricter cybersecurity preparedness and response requirements. Veeam Software’s recent survey, conducted by Censuswide, reveals the extent to which organizations across … Read more
Small businesses are increasingly targeted by cyberattacks, accounting for 43% of incidents annually, with nearly half involving businesses with fewer than 1,000 employees. This trend has only intensified in the past year as more small businesses transition to cloud services and advanced technologies, increasing their vulnerability. That makes every new product designed to protect small … Read more
Axio has launched the Quantification Wizard, a new tool on its platform aimed at streamlining cyber risk quantification. Per a company announcement, the Wizard allows organizations to quickly assess the financial impact of cybersecurity risks. The promise? This will enable well-informed, business-aligned decisions in a fraction of the time traditionally required. Scott Kannry, Co-founder and … Read more