The Source for Cyber Insurance News, Insights and Data
Cyber Insurance And The Risk Reality For SMEs – The latest Cyber Insurance News & Information Podcast focuses on cyber liability insurance, reflecting the rising concerns among SMEs. Executive editor Martin Hinton talks with Cowbell co-founder and COO Trent Cooksley. Together, they discuss why small and medium-sized businesses are now prime targets for cybercriminals. From … Read more
S&P Report Links Cyber Attacks And Auto Credit Quality A new S&P Global Ratings report warns that cyber risk is now an immediate threat to automakers’ credit ratings worldwide. The study, “Auto Sector: When Cyber Risk Becomes Credit Risk,” finds that cyber incidents can quickly disrupt factory operations and hurt company finances. The main points … Read more
A U.S. bankruptcy judge has approved a cyber liability insurance policy buyback that will allow the company once called 23andMe (now Chrome Holding Co.) to transfer $16.5 million in cash from its cyber insurers to those impacted by its hack (see the key legal document below). The legal decision this week is a step toward … Read more
New Report Warns of Rising Cyberattack Risk When Staff Switch Off “When the cat’s away, the mice will play.” Or for the scholars, in Latin, “Dum felis dormit, mus gaudet et exsi litantro” captures the mood of today’s threat actors. When security teams nap for holidays or corporate shakeups, attackers celebrate, nay, “rejoice”. A new … Read more
Major UK Firms Face Tidal Wave of Exposed Logins A new Socura report warns that UK blue chips sit on a powder keg of stolen credentials. Researchers found over 460,000 instances of leaked employee logins tied to FTSE 100 corporate email addresses. That number roughly matches the population of Bristol, UK, or Fresno, CA, in … Read more