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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. Is it required?

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New Cyber Insurance Guidelines for New York businesses

CyberSecurity Insiders

After the SolarWinds cyber attack on Govt infrastructure, the government of United States seems to have taken Cybersecurity as a top priority to rectify any flaws that could make way to any future cyber attacks in the future. Maintain a senior management and board approved cyber insurance risk strategy. ยท

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Ransomware: Number One Cyber Insurance Claim

SecureWorld News

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. The number one type of cyber incident so far this year is ransomware.

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Cost of state cyber attacks not to be covered under insurance says Lloyd

CyberSecurity Insiders

Bank of America has expressed its concerns over Lloyd’s recent policy decision to exclude cyber insurance coverage for large corporations hit by cyber attacks funded by adversary states. The post Cost of state cyber attacks not to be covered under insurance says Lloyd appeared first on Cybersecurity Insiders.

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Cyber-Liability Insurance 101: First Party Vs. Third Party Risks

Joseph Steinberg

One of the important concepts about which people must be aware when evaluating their cybersecurity postures and related liabilities, but which, for some reason, many folks seem to be unaware, is the difference between first-party risks and third-party risks.

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Ransomware Protection in 2021

eSecurity Planet

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business โ€“ in the case of healthcare organizations that can be life-threatening for patients โ€“ damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. Investors recognize the potential too, as funding for cybersecurity ventures more than doubled from previous years to almost $22 billion in 2021. Series B SECURITI.ai