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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

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ILITA Issues Restrictions on Financial Institutions

Hunton Privacy

Pursuant to the Instruction, if a bank or insurance company finds out that a client’s account has become subject to a writ of execution, such information may not be used to deny the client credit or to adjust the rate of his or her insurance premiums. Information regarding writs of execution may be used only to carry out the writ.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Also read : Top Cyber Insurance Companies. AllegisCyber Capital. AllegisCyber Capital was founded in 1996 to serve the growing cyber business ecosystem. AllegisCyber’s expertise lies in addressing cybersecurity challenges, and its portfolio shows, focusing on seed and early-stage investments. Sequoia Capital.