The Source for Cyber Insurance News, Insights and Data
When GEICO and Travelers were hacked, stealing personal information from over 120,000 New Yorkers. They exploited vulnerabilities in online auto insurance quoting tools to obtain driver’s license numbers and dates of birth. The stolen data was later used to file fraudulent unemployment claims during the peak of the COVID-19 pandemic. The Geico Travelers Hack Starting … Read more
If you’re a regular reader of this site, it won’t surprise you to learn that cyber risks have once again taken the top spot as the biggest concern for U.S. businesses. According to the 2024 Travelers Risk Index, cyber threats now worry more business leaders than any other issue. The annual survey conducted by The … Read more
SentinelOne announced the SentinelOne Risk Assurance Initiative, a new cybersecurity program designed to help insurers improve their clients’ network security using the SentinelOne Singularity™ Platform. This program allows insurers to offer SentinelOne’s platform at preferred rates, aiming to stop attacks before they occur and reduce both financial loss and insurance premiums. Leading carriers and providers, … Read more
Small businesses often struggle to secure comprehensive cyber insurance due to limited coverage options and stringent underwriting criteria, leaving many vulnerable to cyber threats. With that in mind, Corvus Insurance has announced several enhancements to its underwriting capabilities and cyber services. These updates aim to expand the company’s reach and better serve its policyholders. For … Read more
The Travelers Companies has officially sealed the deal on acquiring Corvus Insurance Holdings, Inc., a cyber liability insurance managing general underwriter known for its cutting-edge proprietary technology. Alan Schnitzer, Chairman and CEO of Travelers, expressed satisfaction with the partnership forged with Corvus over the past year. The completion of the acquisition marks the official integration … Read more