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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. And costs can be much higher for some industries and geographic locations (including the United States). But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage. That’s a 29.1%

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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Companies with an annual revenue of US$250,000 to US$999,999 report feeling less prepared to deal with cyber risks in 2023 (76%) than they did in 2022 (70%).

Risk 189
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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group expects to expose an initial draft of the white paper in advance of the Fall 2022 Meeting. 1. NAIC to Develop New Privacy Model Law. 26R — Bonds (SSAP No.

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How insurers drive success in the digital transformation race with modern data management

Reltio

The insurance industry is facing unprecedented disruption. Insurance carriers have been called to transform customer experience, business offerings, and operations. As an insurer, your current business models are being challenged by new thinking, new competitors, and new ways of working.

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Global October Cybersecurity Events: Where You Can Find Thales

Thales Cloud Protection & Licensing

Thu, 10/06/2022 - 06:55. GITEX GLOBAL, 10-14 October, Dubai. Les Assises turns 22 this year, and the event motto is "In 2022, We Speed Up!" This includes strategies for using different key manager, including Thales’s CipherTrust Cloud Key Manager for centrally managing keys across multiple clouds. Safe travels!

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CyberheistNews Vol 13 #13 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks

KnowBe4

Remember: Culture eats strategy for breakfast and is always top-down. Your email filters have an average 7-10% failure rate; you need a strong human firewall as your last line of defense. doing so in 2022, a 93% increase. 21% of enterprise users experience mobile phishing attacks 36% of U.S. back in 2020.

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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.