Shana Stodolski has been appointed assistant vice president, Cyber, for Brit Global Specialty USA. She will be based in Glastonbury, Conn. and be responsible for supporting the growth and underwriting of cyber insurance for BGSU. She joins from DUAL Commercial …
Cowbell Cyber, a startup insurtech using artificial intelligence (AI)-powered cyber insurance for small to mid-sized businesses (SMBs), has added social engineering coverage to its Cowbell Prime 100 cyber insurance product. The update mitigates financial losses from phishing or fraudulent emails. …
Specialist insurer Beazley has appointed Bethany Greenwood as global head of cyber & executive risk (CyEx) from July 2020. She will join Beazley’s executive committee at the same time. Greenwood joined Beazley last September to lead the London market and …
As U.S. employers ask employees to work from home to avoid exposure to coronavirus, they may be exposing themselves to another kind of risk: Cyberattacks. Aon recently issued an advisory cautioning employers to take steps to ensure that work-from-home employees …
The following excerpt is from the new report, “A Warning from Tomorrow,” on U.S. cybersecurity strategy by the Cyberspace Solarium Commission. The report contains about 75 recommendations on what the country should do to defend itself from cyber warfare and …
A major government report on cybersecurity that warns the nation is seriously underprepared for cyber attacks calls for the creation of a federally-funded center to develop cybersecurity insurance certifications and a public-private partnership on cyber risk models. The report, “A …
Zurich Insurance Group has created a new offering together with cyber-security company CYE to shield businesses against the growing risks of cyber crime. With the partnership, Zurich’s specialist cyber insurance and risk engineering capabilities are combining with CYE’s artificial intelligence-based …
Cyber Insurance startup At-Bay raised a new $34 million venture capital round, CEO and Co-Founder Rotem Iram disclosed in a recent blog posting. Plans call for the money to be used to grow the managing general underwriter’s offices in New …
Companies of all sizes have fallen victim to attacks whereby fraudsters will use deceptive communications, such as spoofed emails, to trick an employee into transferring money into the fraudsters’ control. While these increasingly prevalent schemes are an ever-present risk for …
Hackers have finally done what bond issuers may have feared most from cyber criminals. A ransomware attack on Pleasant Valley Hospital in West Virginia was partly responsible for the hospital’s breach of its covenant agreement, according to a notice to …
