article thumbnail

News Alert: QBE North America launches new cyber insurance program with Converge

The Last Watchdog

New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. The program will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation.

article thumbnail

17 cyber insurance application questions you'll need to answer

CSO Magazine

I recently had to renew the cyber insurance policy for the office and it was interesting to see the evolution of questions asked over the years. At first, most of the cyber insurance questions involved basic computer security and merely checked to see if we had firewalls and antivirus and not much else.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Policyholders may be the primary target in hack of cyber insurance provider CNA

SC Magazine

Insurance firm CNA Financial, a prominent provider of cyber insurance, confirmed a cyberattack against its systems, which has some concerned that cybercriminals may target policyholders. For example, messaging might now include ‘We know that you use xyz firewall, and we know how to break it,’” he said.

article thumbnail

How MFA and Cyber Liability Insurance Effectively Manage Risk in Higher Education

Duo's Security Blog

We need to work with many different teammates on campus — risk management, legal, compliance and institutional review boards, to name a few — to effectively manage cybersecurity risk across our communities. They see the investment in MFA as critical to a campus cybersecurity program and managing risk for a campus.

article thumbnail

Work from home increases Cyber Threats on Enterprises

CyberSecurity Insiders

Department for Digital, Culture, Media and Sport (DCMS) of UK conducted the survey and came to the above stated conclusion that shows how relaxed are businesses for cyber security. And sometimes cyber criminals are using email services to trick employees into making fraudulently large financial transfers via new business deals or contracts.

article thumbnail

Q&A: Why SOAR startup Syncurity is bringing a ‘case-management’ approach to threat detection

The Last Watchdog

Related: Why we’re in the Golden Age of cyber espionage. Enterprises have dumped small fortunes into stocking their SOCs (security operations centers) with the best firewalls, anti-malware suites, intrusion detection, data loss prevention and sandbox detonators money can buy. But this hasn’t done the trick. Smart money.

article thumbnail

Staying Ahead of the Distortion of a Cyber Attack?

Security Boulevard

Each firewall, IDS, MFA, and email security is built to protect and stop cyber attacks. Given this fact, businesses should note the growing number of security issues and cyber threats. A company’s loss of control over its business practices may lead to various risks, which cybercrim­inals quickly exploit.