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Four years after NotPetya, cyber insurance is still catching up

CSO Magazine

Faced with increasing payouts and a likely storm of litigation around the recent SolarWinds and Microsoft Exchange server compromises, cyber insurers are facing an “existential battle” for their future, a leading cybersecurity researcher and privacy consultant has warned.

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Buying cyber insurance in 2021? Expect greater scrutiny, higher premiums

CSO Magazine

Organizations will face significant challenges in purchasing, renewing, and benefitting from cyber insurance policies this year as various factors drive the sector towards a stricter, more specialized position, global specialists in law, risk, and cybersecurity predict.

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BrandPost: Improving Cyber Insurance Coverage with Microsoft Security

CSO Magazine

By Microsoft Security No matter the industry or company size, businesses of all types must be vigilant when guarding against potential cybersecurity attacks. But enterprise cybersecurity is a team sport involving multiple players—encompassing everything from technology vendors to cyber insurance providers and cyber defense platforms.

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New York issues cyber insurance framework as ransomware, SolarWinds costs mount

CSO Magazine

On February 4, 2021, New York became the first state in the nation to issue a cybersecurity insurance risk framework to all authorized property and casualty insurers. Get the latest from CSO by signing up for our newsletters. ]. Get the latest from CSO by signing up for our newsletters. ].

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Cyber liability insurance vs. data breach insurance: What's the difference?

CSO Magazine

With an ever-increasing number of cybersecurity threats and attacks, companies are becoming motivated to protect their businesses and customer data both technically and financially. The global cyber insurance market was valued at $13.33 To read this article in full, please click here billion in 2023 to $84.62

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P-to-P fraud most concerning cyber threat in 2023: CSI

CSO Magazine

US financial institutions see peer-to-peer fraud and other digital fraud as the biggest cybersecurity concern in 2023. To read this article in full, please click here It was cited by 29% of respondents in a survey by Computer Systems Inc. CSI), followed by data breaches (23%), ransomware (20%) and a breach at a third party (15%).

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Safe Security debuts two free risk assessment tools for businesses

CSO Magazine

Cybersecurity risk assessment company Safe Security on Tuesday rolled out two new online risk assessment tools for businesses to use, in order to help them understand their vulnerability to cyberattacks and the costs of insuring against them. To read this article in full, please click here

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