As the COVID-19 pandemic and the switch to remote work have highlighted cyber risks and drawn attention to the various methods cyber attackers are using, ransomware has continued to steal the spotlight. Ransomware is a type of malicious software that …
More than a year into what some have called a 1-in-100 year pandemic with COVID-19, many may be wondering what other unprecedented events could be on the horizon. For the cyber community, this raises questions about the likelihood of a …
Maine is one of the latest states to enact its own version of the National Association of Insurance Commissioners (NAIC) model data security law, signing the Maine Insurance Data Security Act into law on March 17. The NAIC Insurance Data …
The next great financial crisis could come from a cyber attack. At least, that’s according to New York State Department of Financial Services (DFS) Superintendent Linda Lacewell in a statement regarding DFS’ recent report outlining its investigation into the SolarWinds …
The COVID-19 pandemic has upended the work environment in many ways, and cyber experts say one unfortunate result of the switch to remote work is an increase in cyber crime, particularly around social engineering threats. “The bottom line here is …
More than a year has passed since pandemic-related government restrictions began, causing many businesses around the world to shift their workforce to remote. With increased reliance on technology, new work environments and greater use of at-home devices and networks in …
With the sophistication of cyber attacks, claims growth, and now, a global pandemic driving a number of businesses toward remote work, it’s no question the cyber insurance industry has had to evolve rapidly since its onset. Steve Robinson, National Cyber …
A New Jersey bill that requires insurers issuing business interruption policies in the state provide policyholders with a summary of coverage for loss of use and occupancy of a commercial property has passed the state Senate and Assembly. It now …
Cyber attacks can strike any individual or business at any time, but on this episode of the Insuring Cyber Podcast, Insurance Journal’s Elizabeth Blosfield spoke with two guests about one particular segment of the population that can prove to be …
Facebook Inc. could be required to disclose some of its records identifying apps that allegedly misused customer data in a privacy investigation brought by state Attorney General Maura Healey. The Massachusetts Supreme Court found that some of Facebook’s app records …
