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The Cyber Insurance Landscape Has Grown More Complicated

SecureWorld News

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Having cyber insurance can help ensure compliance with these requirements. Can companies live without cyber insurance?

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Cloudflare Helps Businesses Manage Their Cyber Risk; Announces Partnerships with Leading Cyber Insurers and Incident Response Providers

CyberSecurity Insiders

NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. As a result, some insurance companies have had to raise premiums to cover their costs.

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How security pros, the insurance industry, and regulators can combat ransomware

SC Magazine

AIG is one of the top cyber insurance companies in the U.S. Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware.

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Pondurance Launches Cyber Risk Assessments Powered by MyCyberScorecard

CyberSecurity Insiders

INDIANAPOLIS–( BUSINESS WIRE )– Pondurance , a leader in Managed Detection and Response (MDR) services, today launched Cyber Risk Assessments powered by MyCyberScorecard. Roadmaps to cyber resilience. Interactive reporting that is easy to export and effectively communicate to senior management.

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Acrisure Broadens Platform with Cyber Services Division

CyberSecurity Insiders

It joins Insurance, Reinsurance, Real Estate Services and Asset Management as divisions powered by Acrisure’s technology capabilities and global distribution network. Businesses in every industry face complex cyber risk, particularly the millions of small and midsize companies comprising much of Acrisure’s client base.

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CyberSecurity Is Not Enough: Businesses Must Insure Against Cyber Losses

Joseph Steinberg

And even relatively rich organizations may fail altogether if they suffer the reputational harm that follows multiple serious cyber-incidents. Not only are they not protected against their own losses, but many have zero liability protection in the event that they somehow become a hacker’s catalyst for inflicting cyber-damage on others.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Read more: Application Security is Key to Stopping Ransomware, Vendor Says. Currently ideal for industries like financial services managing sensitive data, Cape Privacy’s Snowflake is an innovative multi-party computation (MPC) platform that prevents single points of failure and ensures compliance. Cowbell Cyber.