Security News

Coalition crafts healthcare-specific insurance policy
2019-04-12 00:30

Coalition, the leading cyber insurance company for small and midsize businesses, announced comprehensive coverage crafted to protect healthcare companies. Health organizations saw over 15 million...

Weighing the options: The role of cyber insurance in ransomware attacks
2019-03-27 06:45

The Norsk Hydro cyberattack is a real-time case study of what an international company goes through when a ransomware attack is successful. Over the last week, we’ve witnessed a global...

Sayata accelerates its operations in the cyber insurance market with $6.5 million in seed funding
2019-03-26 23:15

Sayata Labs, the deepest enterprise-grade risk assessment solution in the cyber insurance industry for SMBs, announced that it has emerged from stealth with $6.5 million in seed funding. Sayata...

Cybersecurity Insurance Not Paying for NotPetya Losses
2019-03-08 11:57

This will complicate things: To complicate matters, having cyber insurance might not cover everyone's losses. Zurich American Insurance Company refused to pay out a $100 million claim from...

Arceo.ai releases platform to bridge the cybersecurity-insurance gap
2019-02-22 02:30

Arceo.ai, the industry-first provider of cyber resilience solutions, emerged from stealth with the debut of a unique platform that enables insurance carriers to automate and enhance their cyber...

UK Data Watchdog Fines Leave.EU, Eldon Insurance
2019-02-01 18:56

The UK data protection regulator (the Information Commissioner's Office – ICO) launched a wide-ranging investigation into the use of personal information for political purposes following the...

Zurich Rejects Mondelez' $100 Million NotPetya Insurance Claim Citing 'Act of War'
2019-01-14 13:15

In October 2018, Mondelez International filed suit against Zurich American Insurance Company. At stake is a $100 million insurance claim for damage caused by NotPetya. Zurich has rejected the...

Cyber-insurance shock: Zurich refuses to foot NotPetya ransomware clean-up bill – and claims it's 'an act of war'
2019-01-11 00:19

Snack company client disagrees, sues for $100m US snack food giant Mondelez is suing its insurance company for $100m after its claim for cleaning up a massive NotPetya ransomware infection was...

Hacker cyber-gang: Give us cyber-cash for cyber-cache of 18,000 stolen Sept 11th insurance docs
2019-01-03 00:20

Law firm computers raided, siphoned of info – and companies can pay to redact files, it is claimed The hackers who claim to have breached a British insurer last year say their cache of pilfered...