The Source for Cyber Insurance News, Insights and Data
The Association of British Insurers has published what its members’ claims data says actually reduces cyber losses. Several of the controls sit outside Cyber Essentials entirely, including backups. The Association of British Insurers has published good practice guidance on cyber resilience, setting out the cyber insurance controls its members regard as most effective. The document … Read more
NINJIO has introduced NINJIO Insights, a reporting platform that connects human risk management analytics to the needs of cyber insurance policies. Using Snowflake and Sigma, it provides real-time analytics on cybersecurity awareness training and phishing simulations, making it easier for organizations to show the improvements insurers look for. “Security teams don’t need more reports about … Read more
The Headache In Carolina Beach A coastal town in North Carolina found out just how costly cyberattacks can be, and it put government cybersecurity in the spotlight. Carolina Beach reported that thieves stole $487,994.80 from town funds in two separate incidents. According to Port City Daily, the losses affected both the enterprise and general funds. … Read more
A research paper raises a direct question about HIPAA: How much money would it take for someone to break privacy rules? The findings should concern cyber liability teams. Researchers discovered that 58% of participants named a price they would accept to violate HIPAA. While many cyber incidents start with mistakes, this study highlights a different … Read more
At 2:13 p.m., the invoice printer jammed, phones kept ringing, and every screen froze at a login prompt. The owner tried their usual password, but it failed repeatedly. In that quiet moment, business stopped, and costs rose. According to Guardz, about half of U.S. SMBs have already faced a cyberattack. Guardz surveyed 800 U.S.-based SMB … Read more