A coalition of cyber insurance associations has pledged to back fresh government cybersecurity guidance designed to help victims avoid ever paying a ransom as part of an ongoing push to reduce ransomware's profitability for criminals, in part by improving organizations' resilience and recovery.
The financial risks to organizations from data breaches come from a variety of angles, from share price hits to class-action lawsuits to fines from regulators to reputational damage. As a result, the insurance industry has jumped full steam ahead into cyber. Larger insurers are already helping companies spot and...
There are many faces of fraud in the insurance market - using stolen identities to obtain a new policy - or just as troubling, an account takeover to make a false claim or change payee information to receive claim funds. And when fraud hits, it hurts everyone in the pool.
At the same time, the insurance industry...
The financial risks to organizations from data breaches include share price hits, class action lawsuits, fines from regulators and reputational damage. As a result, the cyber insurance market is heating up. Larger insurers are already helping companies spot and mitigate weaknesses as part of their coverage and helping...
The financial risks to organizations from data breaches come from a variety of angles, from share price hits to class-action lawsuits to fines from regulators to reputational damage. As such, the insurance industry has jumped full steam into cyber. Larger insurers are already helping companies spot and mitigate...
The financial risks to organizations from data breaches come from a variety of angles, from share price hits to class-action lawsuits to fines from regulators to reputational damage. As such, the insurance industry has jumped full steam into cyber. Larger insurers are already helping companies spot and mitigate...
PII breach insurance is becoming commonplace and has some value, but what about damage that goes way beyond the embarrassment, potential fraud and loss of consumer confidence resulting from PII theft? The motivations and objectives for many attacks are much broader than just financial gain, ranging from hacktivism,...
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