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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.

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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

According to statistics from the FBI’s 2021 Internet Crime Report , complaints to the Internet Crime Complaint Center (IC3) have been rising since 2017. of the wealth in the United States as of Q1 2022, compared to 6.5% Finance and insurance finished a close second at 22.4%. Cybercrime is a growth industry like no other.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

This article looks at the top 40 cybersecurity startups to watch in 2022 based on their innovations in new and emerging technologies, length of operation, early funding rounds, scalability, and more. We’ll start with the top 10 overall and then look at other noteworthy startups in a number of markets. Series B SECURITI.ai