SC Magazine

APRIL 19, 2021

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. eflon CreativeCommons CC BY 2.0.

Insurance 113

Insurance Cyber Insurance Ransomware InfoSec 113

Webroot

JULY 25, 2022

Cyber insurance becomes mainstream discussion. As cyberattacks have become more costly and more challenging to track, cyber insurance has gained prominence across the industry. The cyber insurance market is expected to reach around $20B by 2025.

Cyber Insurance 123

Cyber Insurance Insurance Marketing Phishing 123

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. The University made the payment in cryptocurrency, through a third party firm. And number one is cyber insurance.

Ransomware 79

Ransomware Cyber Insurance Insurance Backups 79

CyberSecurity Insiders

DECEMBER 18, 2022

Cyber attribution and deciphering the extent of state-level tasking is difficult, with blurred lines between state-aligned, state-involved and state-directed increasing the risk of escalation, collateral and misattribution. 3 – Crypto-jacking neglect gets dangerous. 3 – Crypto-jacking neglect gets dangerous.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

Pen Test

OCTOBER 10, 2023

Victims are instructed to pay a ransom payment, usually demanded in cryptocurrency, in exchange for the decryption key. Double extortion introduces catastrophic risks of data breach and loss of customer trust if sensitive information gets leaked publicly. Have notification procedures and press releases ready. Seek adequate coverage.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52