Collaborate Disseminate
Rates have declined by 15% since the market peak in 2022, according to Howden Insurance Brokers. Continue reading Cyber Insurance Premiums Are Declining Worldwide as Businesses Improve Security, Howden Insurance Broker Report Finds
The Royal United Services Institute (RUSI) examined the relationship between cyberinsurance and ransomware, and proposes greater reporting from victims to government, enforced through insurance policies.
The post UK Think Tank Proposes Greater Ransomwa… Continue reading UK Think Tank Proposes Greater Ransomware Reporting From Cyberinsurance to Government
Twitter shares explicit photos without users’ permission, one US company can look forward to a $1.4 billion payout seven years after an infamous cyberattack, and how might hackers target Eurovision?
All this and much much more is discussed in the la… Continue reading Smashing Security podcast #321: Eurovision, acts of war, and Twitter circles
Court says insurers must pay Merck for losses related to the Russia-linked NotPetya cyberattack.
The post Court Rules in Favor of Merck in $1.4 Billion Insurance Claim Over NotPetya Cyberattack appeared first on SecurityWeek.
Continue reading Court Rules in Favor of Merck in $1.4 Billion Insurance Claim Over NotPetya Cyberattack
The purpose of a backstop would be to make cyberinsurance more widely available and affordable to the whole market – but it isn’t yet clear whether this can be achieved.
The post Cyberinsurance Backstop: Can the Industry Survive Without One? appeared f… Continue reading Cyberinsurance Backstop: Can the Industry Survive Without One?
SecurityWeek spoke to Chris Storer, head of the cyber center of excellence at reinsurance giant Munich Re, for the cyber insurers’ view of cyberinsurance.
The post Talking Cyberinsurance With Munich Re appeared first on SecurityWeek.
Continue reading Talking Cyberinsurance With Munich Re
A ransomware outfit is advising its victims to secretly tell them how much insurance they have, so their extortion demands will be met.
Read more in my article on the Tripwire State of Security blog. Continue reading HardBit ransomware tells corporate victims to share their cyber insurance details
Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.
The post Boxx Insurance Raises $14.4 Million in Series B Funding appeared first on SecurityWeek.
Continue reading Boxx Insurance Raises $14.4 Million in Series B Funding
The question for 2023 and beyond is whether the cyberinsurance industry can make a profit without destroying its market.
The post Cyber Insights 2023: Cyberinsurance appeared first on SecurityWeek.
All-in-one cybersecurity platform Guardz today emerged from stealth mode with $10 million in seed funding.
The post Guardz Emerges From Stealth Mode With $10 Million in Funding appeared first on SecurityWeek.
Continue reading Guardz Emerges From Stealth Mode With $10 Million in Funding