The Source for Cyber Insurance News, Insights and Data
Cyber Resilience Is The New Seamanship Here’s the uncomfortable truth. “Cybersecurity Awareness Month” is a start. It is not a strategy. The risks do not pause on November 1. Ransomware crews do not take holidays. Boards cannot either. Sailors once read the sky to prepare for storms. Today, digital leaders must read the threat landscape. … Read more
The Lunar New Year brings joy and celebration across Asia-Pacific (APAC) and increases cybersecurity vulnerabilities. Experts warn that cybercriminals target festive seasons, exploiting reduced staff presence, delayed responses, and distractions. Studies reveal that 86% of ransomware attacks in the US, UK, France, and Germany occurred during holidays or weekends, and APAC is no exception. According … Read more
In 1588, a navigational error led to the defeat of the Spanish Armada, changing the course of European history. Even before modern technology’s advent, human error has had significant consequences. Unfortunately, the modern era has maintained these vulnerabilities. Today, CyberArk’s new report reveals that many of the same human errors and risky behaviors continue to … Read more
Cybersecurity and insurance leaders should consider bringing in more psychologists to help overcome the challenges inherent in human behavior: overconfidence, narcissism, underestimating time requirements, and other traits that undermine effective cybersecurity. These human factors help explain why many organizations feel prepared for cyber threats but are still vulnerable. Kyndryl’s latest survey reveals a troubling gap … Read more
Humans are the heartbeat of any organization, driving innovation, decision-making, and daily operations; as both customers and employees, they keep businesses afloat. However, with human involvement comes the inevitability of human error. This issue transcends industries—whether it’s the 1999 NASA Mars Climate Orbiter crash caused by a metric conversion error or the 2021 Colonial Pipeline … Read more