Security Brief United Kingdom reports that cyber insurance is undergoing a fundamental shift, with providers now directly tying policy costs and terms to the strength of an organization's identity and access management protocols.
Managing and protecting the thousands of devices that are connected to your network has never been more challenging. Cyber insurance is a key tool to mitigate the associated risks.However, the underwriting process can be burdensome and result in missed opportunities for both the insured and the insurer.To alleviate this burden, Tanium has partnere...
Nearly $7.1 billion in cyberinsurance premiums were collected last year, which is a 2.3% year-over-year decline, marking the first ever reduction in premiums since tracking began in 2015, reports Cybersecurity Dive.
Congress has been urged by Foundation for Defense of Democracies' Nick Leiserson to include a federal cyber insurance backstop upon the renewal of the Terrorism Risk Insurance Act, which is set to lapse in 2027, in a bid to bolster the cyber insurance sector, CyberScoop reports.
In this episode of Business Security Weekly, Mandy Logan, along with guests Peter Hedberg, Summer Craze Fowler, and Ben Carr, delve into the complexities of cyber insurance and the empowerment of Chief Information Security Officers (CISOs). The discussion covers the evolving landscape of cyber insurance, the critical role of underwriting, and the i...
The Record reports that Marks & Spencer may seek up to $133 million in cyber insurance coverage after a major digital incident disrupted operations last month, highlighting the scale of financial damage such attacks can cause.
