Cyber insurance has matured beyond its early role as a balance-sheet hedge. As cybercrime grows more complex and interconnected, buyers are no longer satisfied with coverage that responds only after a ...
Many traditional liability insurance policies have exclusions for cyber-related risks and stand-alone cyber insurance policies are the norm to cover cyber liabilities. Still, cyber insurance policies ...
Cyber insurance protects enterprises from most cyberattack liabilities. But before committing to a policy, CISOs need to check for the following hidden loopholes.
Recent high-profile security incidents have tightened requirements to qualify for cyber insurance. These are the tougher questions insurance carriers are now asking. I recently had to renew the cyber ...
‘Customers who choose to leverage hardened infrastructure on AWS, coupled with a partner who can guide and implement the right security posture with AWS-backed cyber insurance as the backstop, is an ...
South African businesses are facing growing risk of cyber-insurance claim rejections due to misrepresented security controls, poor governance practices and outdated approaches to cybersecurity ...
SAN FRANCISCO--(BUSINESS WIRE)--At-Bay, the leading insurance provider for the digital age, today announced the launch of a new admitted cyber insurance product. Approved in 47 states, At-Bay’s ...
As attacks escalate, cyber insurers and cloud providers are rethinking how risk is measured, priced and managed. “When we think about insurance, it’s more part of the holistic approach to how we think ...
Small and medium-sized businesses (SMBs) often lack the resources to fully secure their day-to-day operations, making them a low-hanging fruit for hackers. SMBs were targeted in 43% of all recent data ...
Dan Burke, Bridget Quinn Choi, Esq. Cyber risk has grown demonstrably in frequency and severity in the past 10 years—and, in tandem, the cyber insurance policy has grown in breadth and complexity.
Back in November 2022, Russian computers were surreptitiously scanning American computers when they stumbled into a trap: a network of 400 virtual servers with IP addresses that appeared to belong to ...