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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage. Cyber Insurance is Booming.

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Cyber-insurance – 72 hours for the insured party to file a criminal complaint: GDPR’s false friend

Data Protection Report

2] In this context, the Directorate General of the French Treasury has put forward a plan of action with a view to clarifying the cyber-insurance legal framework, better gauging cyber-risks, and enhancing companies’ awareness as regards cyber-risks. 12-10-1 into the French Insurance code. However, in the end, Article L.12-10-1

Insurance 105
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Australian government announced sanctions for Medibank hacker

Security Affairs

The Australian government announced sanctions for a member of the REvil ransomware group for the Medibank hack that occurred in 2022. The man is responsible for the cyber attacks that in 2022 hit the Australian insurance provider Medibank. “ In November 2022, Medibank announced that personal data belonging to around 9.7M

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Checklist for Getting Cyber Insurance Coverage

Thales Cloud Protection & Licensing

Checklist for Getting Cyber Insurance Coverage. Tue, 05/10/2022 - 05:43. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur.

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News Alert: Guardz uncovers new macOS malware – Hidden Virtual Network Computing (hVNC)

The Last Watchdog

1, 2023 – Guardz , the cybersecurity company securing and insuring SMEs, today disclosed the existence of a Hidden Virtual Network Computing (hVNC) malware targeting macOS devices. About Guardz: Guardz is a holistic cyber security and insurance solution designed for SMEs. Tel Aviv, Israel, Aug.

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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

Glosbe dictionary exposes almost 7 million records The multilingual online dictionary Glosbe left a MongoDB instance unsecured last year, exposing nearly 7 million users’ information, including personal data, encrypted passwords and social media identifiers. Organisation(s) Sector Location Data breached? TB Paysign, Inc.

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NYDFS Imposes Fine of $5 Million on Carnival for Cybersecurity Breaches

Hunton Privacy

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp. Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation.