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.
Mandy Andress joins our show to discuss leveraging cyber liability insurance for risk reduction. They explore the importance of strong broker relationships and key steps for selecting or renewing a policy—starting with assessing organizational needs. Learn strategies to lower premiums while increasing coverage. Segment Resources: https://www.elasti...
Cyber insurance is a critical component of modern risk management, but securing the right coverage—and ensuring it delivers value—requires active involvement from CISOs and security teams. This CyberRisk Collaborative infographic breaks down the CISO’s role across three key phases: before obtaining coverage, during policy selection, and after secu...
Boosting digital protections can lead to reduced cybersecurity insurance premiums. Here’s how two firms achieved that after signing up with a managed detection and response (MDR) provider.
You may think you're fully covered by your cybersecurity insurance carrier — until you file a claim. Here’s why most claims aren't 100% compensated, and how you can make sure yours will be.
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