#cyber-insurance

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Therecord
1 month ago
Privacy professionals

Insurer unveils policy covering drivers from connected car hacks and data leaks

Specialty insurer Munich RE introduces Cyber for Auto product covering cyber threats on the road.
Connected cars collecting personal data present new vulnerabilities and require insurance protection. [ more ]
Cybersecurity Insiders
2 months ago
Privacy professionals

Repeat Ransomware attacks on 78% of victims who pay - Cybersecurity Insiders

Avoid ransom payments to deter cybercriminals
Ransom payment increases likelihood of repeat attacks and escalating demands [ more ]
ComputerWeekly.com
3 months ago
Privacy professionals

Cyber non-profit enlists ex-NCSC head as technical chair | Computer Weekly

Ciaran Martin, former CEO of the UK's National Cyber Security Centre, will join the Cyber Monitoring Centre as chair of its technical committee.
The Cyber Monitoring Centre aims to independently declare and classify systemic cyber attacks, ranking them on a severity scale of one through five.
The Centre intends to improve the way cyber insurers cover systemic cyber incidents and help organizations better prepare for and respond to complex cyber incidents. [ more ]
WSJ
5 months ago
Privacy professionals

WSJ News Exclusive | Amazon Debuts Cyber Insurance Program for Speedy Policy Estimates

AWS's Cyber Insurance Competency program aims to reduce the time it takes to acquire cyber insurance from weeks to days.
The program allows brokers access to customer data from their Security Hub console, enabling insurers to quickly evaluate applications against security best practices and provide policy quotes. [ more ]
Axios
1 month ago
Public health

UnitedHealth hack reveals gaps in doctors' cyberattack insurance

Providers struggle with cyberattack insurance coverage
Many providers may be underinsured for cyberattacks [ more ]
Natlawreview
2 months ago
Artificial intelligence

Navigating the New Frontier: Insurance for Artificial Intelligence Risks

The New York Times filed a lawsuit against OpenAI and Microsoft for copyright infringement related to ChatGPT technology.
First wave of AI lawsuits focused on privacy invasion, copyright infringement, next wave may include cyberattacks and healthcare privacy issues. [ more ]
Dark Reading
5 months ago
Information security

Cybersecurity Investment Involves More Than Just Technology

Organizations are prioritizing various aspects of cybersecurity investment, including technologies, threat intelligence, risk assessment, cyber-insurance, and third-party risk management.
There is a growing awareness that cybersecurity technology investments need to be accompanied by investments in governance and personnel.
The perception of value in cybersecurity investments differs between IT professionals and C-suite executives. [ more ]
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