” As Amazon has actually received its retail industry, it might not be the most inexpensive provider around, however it’s the convenience of usage that provides it the side over the competitors, especially as...
Cyber insurance premiums, costs skyrocket as attacks surge click here to read full Article Read More on latest Security Updates
The combined company serves more than 130,000 policyholders, providing cyber and technology insurance along with the proactive risk management clients need to avoid filing insurance claims. click here to read full Article Read more...
The new Series E funding round of Coalition was co-led by Durable Capital, T. Rowe Price, and Whale Rock Capital, with participation from the company’s existing investors. click here to read full Article Read...
It comes as Congress weighs new legislation concerning data breach notification laws and cybersecurity insurance industry regulation, historically viewed as two of the most consequential policy areas. click here to read full Article Read...
Arthur J. Gallagher (AJG), a US-based global insurance brokerage and risk management firm, is mailing breach notification letters to potentially impacted individuals following a ransomware attack that hit its systems in late September. click...
Cyber insurance providers are raising premiums and limiting coverage in the face of escalating numbers of ransomware attacks, just as organizations are clamoring for more protection. click here to read full Article Read More...
U.S. insurance giant CNA Financial reportedly paid $40 million to a ransomware gang to recover access to its systems following an attack in March, making it one the most expensive ransoms paid to date....
As policymakers try to respond to incidents, they’re finding out that the problem is larger than cybercriminals extorting corporations and governments to regain access to their own data. click here to read full Article...
All the Office of Unemployment Insurance websites and portals dealing with unemployment accounts were taken offline as state IT workers attempted to bolster systems’ cybersecurity capabilities, officials say. click here to read full Article...
According to IBM Security, organisations in the financial and insurance sectors were the most targeted by threat actors in 2020, continuing a pattern that began around five years ago. Last year, manufacturing and energy...
The UK’s National Fraud & Cyber Crime Reporting Center (Action Fraud) is warning citizens about a National Insurance scam targeting their personally identifiable information (PII). click here to read full Article Read more on...
Cowbell Cyber aims to automate data collection with its cloud platform, provide observability and monitoring and then combine it with risk scoring, actuarial science and underwriting. click here to read full Article Read more...
By acquiring Cyberscout, Sontiq will further build upon its world-class product platform and expand into the insurance industry with cyber solutions and forensic investigation products and services. Click here for image source link and...
Businesses and organizations without viable backups or with an urgent need to restore their systems — such as hospitals and energy utilities — are then under extreme pressure to pay up. Click here for...
Danger actors are extorting an Israeli coverage firm by demanding pretty much $1 million in bitcoin to halt leaking the company’s stolen knowledge. The risk actor group experienced tweeted about the hack. Image and...
