The Source for Cyber Insurance News, Insights and Data
A botched update from cybersecurity giant CrowdStrike triggered chaos across global IT systems on Friday, causing major disruptions for industries, including banks and airlines. “We have been made aware of an issue impacting Virtual Machines running Windows Client and Windows Server, running the CrowdStrike Falcon agent, which may encounter a bug check (BSOD) and get … Read more
QBE Insurance, which operates in 27 countries, launched QCyberProtect, a cyber liability insurance policy designed to enhance clients’ cyber resilience globally. QCyberProtect offers tailored coverage for various cyber risks, including network security breaches, privacy liabilities, business interruptions (both IT and non-IT related), and reputational damage. Andrew Horton, Group CEO of QBE Insurance, stated, “Strategic investments … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: AdvantageGo and FortifyData tally up scores; Embroker and Millennial Shift get excessive; Netwrix with a heads-up for MSPs; Sophos looks at cyber insurance penetration; And AT&T…..yikes. There’s more. Take a look. Share it. Enjoy the reads. Enjoy the … Read more
AdvantageGo, a commercial insurance and reinsurance software provider under Coforge, has partnered with FortifyData, an automated cyber risk management firm. This collaboration aims to improve the accuracy and comprehensiveness of insurers’ cyber risk scoring. AdvantageGo’s Underwriting Workbench will integrate FortifyData’s cyber risk ratings and monitoring capabilities. This integration will provide AdvantageGo’s clients with real-time insights … Read more
Netwrix, a cybersecurity solutions provider, has unveiled alarming statistics from its 2024 Hybrid Security Trends Report, focusing on the managed service provider (MSP) sector. According to the report, a staggering 76% of MSPs detected cyberattacks on their systems in the past year, mirroring the broader trend across all industries surveyed. Managed Service Providers (MSPs) offer … Read more