Collaborate Disseminate
Since the early 2000s, many companies have purchased cyber insurance to protect them when data is stolen, networks are breached, regulatory agencies levy fines, or other related incidents occur. In recent years, cyber insurance is also used to protect … Continue reading Using Insurance Data to Better Tackle Ransomware
In this part of the blog series on the connection between cybersecurity and insurance, we move into the adoption of cybersecurity insurance and what is typically covered by these policies. Beginnings: the need to distinguish between digital and physi… Continue reading The Adoption of Cybersecurity Insurance and its Role in the Modern World
To understand the relationship between cybersecurity and insurance, we need to build a bridge to support the relationship. We will begin with the insurance side of the connection. In general terms, insurance is a practice or arrangement by which a comp… Continue reading Foundation for a Bridge
In this next part of the blog series on the connection between cybersecurity and insurance, we dive into the preparing for the uncertainties of cyber risk. In our previous blog post in this series on the connection between cybersecurity and insurance, … Continue reading Bringing Clarity to Potential Cyber Events in the New Year
In this second part of the blog series on the connection between cybersecurity and insurance, we dive into the role insurance plays when thinking about potential cyber-attacks. As mentioned in part 1 of this blog series, knowing the true impact of cy… Continue reading Considering Insurance in the Cybersecurity Equation
This blog series bridges the connection between cybersecurity and insurance, providing an overview of how the two can work together to more effectively reduce risk exposure. Preparing for low probability yet high impact cyber events might have been con… Continue reading A Cyber Risk Mentality Shift in the Midst of a Pandemic
The 2017 NotPetya attack that crippled computer systems and supply chain operations created a watershed moment for the insurance industry, when certain insurers cited the sparsely used “act of war” exclusion to refuse coverage for losses suffered from … Continue reading Lifting the Fog of War Around Cyber Coverage
In our previous episode of Risk Journeys with Lisa Young, Axio’s VP of Cyber Risk Engineering, we discussed Lisa’s background in cybersecurity and ended the conversation by discussing how she transitioned to the world of risk management. We continue … Continue reading Risk Journeys with Lisa Young | Part 2
Axio would like to congratulate Lisa Young, Vice President of Cyber Risk Engineering for her appointment to the Board of Directors of (ISC)², the world’s largest nonprofit association of certified cybersecurity professionals. The association is conside… Continue reading Axio VP Cyber Risk Engineering, Lisa Young Joins (ISC)² Board
With the power to decide how to allocate budget, the CFO plays a difficult and important role in cybersecurity investment decisions. As mentioned by Hugh Taylor in a recent article for The Journal of Cyber Policy, the challenge is “getting CFOs and boa… Continue reading Making Cybersecurity Dollars Count