Security News
The company received $3.6 million in cyber insurance - out of $71 million incurred in damages after a massive March cyberattack.
The city of Baltimore is set to purchase $20 million in cyber insurance coverage, five months after an attack hobbled its computer network. The city’s Board of Estimates on Wednesday approved the...
As more U.S. consumers use digital platforms when engaging with insurance companies, new fraud challenges are likely to arise for insurance carriers, according to TransUnion and iovation. Among...
Coronet, a world leader in security as-a-service powered by AI and cloud, announced a partnership with Slice Labs, the first on-demand insurance cloud platform provider supporting digital...
Pleasanton, California-based cyber insurance firm Cowbell Cyber has emerged from stealth, announcing its Cowbell Factor product with $3.3 million seed funding from leading insurance, cybersecurity...
Experts Worry That Cyber Insurance Policies Designed to Limit Damage of Ransomware Attacks Might Actually be Encouraging Hackers read more
D'ya hear that, cybercrooks? $50k up for grabs. Fire, theft, flood – and now cyber attack. Customers of a Californian biz offering payouts of up to $50,000 in case your cat videos get Wannacry’d...
Good paper on cybersecurity insurance: both the history and the promise for the future. From the conclusion: Policy makers have long held high hopes for cyber insurance as a tool for improving...
Security Experts Express Skepticism That Criminals Would BotherDo criminal organizations prefer to target organizations that hold cyber insurance policies? A ProPublica report suggests that...
Ken Suh of Beazley on Assessing the OptionsIn light of emerging cyberthreats, including ransomware, organizations must change how they assess their cyber insurance options, says Ken Suh of Beazley.