The Source for Cyber Insurance News, Insights and Data
As if online predators and the adverse effects of social media on children’s development weren’t enough to keep parents awake at night, the digital age has added a new nightmare to the list: identity theft. Children’s personal information is increasingly exposed online. As you can imagine, criminals are exploiting their digital footprints to commit fraud, … Read more
The challenges of cyber risk assessment and cyber insurance are transforming the cybersecurity landscape, with technology service providers (TSPs) playing a pivotal role taking on these issues and improving the cyber insurance process. This is according to Info-Tech Research Group’s latest report. The report Launch Cyber Insurance Support Services outlines how TSPs help organizations meet … Read more
Option3, a cybersecurity private equity firm, has named Karl P. Kilb III as Chief Strategy Officer (CSO) for its ENIGMA Zero Trust platform. He brings over 30 years of experience, including 22 years at Bloomberg LP, where he established its global legal department and led enterprise sales. Kilb emphasized ENIGMA’s role in tackling critical cybersecurity … Read more
The cyber insurance market remains favorable to buyers, offering competitive pricing, broader coverage, and better terms, particularly for those who need cybersecurity measures. But, there is always a but. Simmering geopolitical tensions threaten this reality—conflicts between nations escalating present the potential to disrupt the “friendly” reality overnight. Amwins is out with their The State of … Read more
A new report from data management firm NetApp reveals that one in five companies—20 percent—fail to regain data lost as a result of a cyberattack, a scenario as devastating as a flood in which one in every five damaged homes is never rebuilt, leaving their owners with no option but to start over from scratch. … Read more