article thumbnail

A Cyber Insurance Backstop

Schneier on Security

11, 2001, terrorist attacks. The 9/11 attacks cost insurers and reinsurers $47 billion. The answer is to ensure that a backstop applies only to companies that follow basic cyber hygiene guidelines, or to insurers who require those hygiene measures of their policyholders. But this is easier said than done.

article thumbnail

The History of Computer Viruses & Malware

eSecurity Planet

Though polite, the Creeper was still an annoyance to some, and in 1971, Ray Tomlinson developed the first antivirus software , called Reaper. One of the first pieces of antivirus software , McAfee’s VirusScan, was released in 1987. Going Mobile and Going Global: 2001-2010. Viruses Get Their Name: 1974-1986.

Malware 140
article thumbnail

Top VC Firms in Cybersecurity of 2022

eSecurity Planet

AllegisCyber Capital was founded in 1996 to serve the growing cyber business ecosystem. Named after the infamous string of nation-state cyber attacks during the late 2000s, NightDragon was established in 2016 by former McAfee CEO Dave DeWalt. AllegisCyber Capital. ForgePoint Capital. Greylock Partners. NightDragon.