September 20, 2021
Many in the insurance space are blind to the fact that the Office of Foreign Assets Control (OFAC) is lurking in the shadows. A federal agency in the U.S. Department of Treasury responsible for the administration, implementation and enforcement of …
August 27, 2021
Microsoft on Thursday warned thousands of its cloud computing customers, including some of the world’s largest companies, that intruders could have the ability to read, change or even delete their main databases, according to a copy of the email and …
August 27, 2021
The U.S. Secret Service is investigating the theft of $2.3 million from the town of Peterborough, New Hampshire, by foreign thieves using fake email addresses. Town officials said Monday the investigation began July 26 when they learned that the ConVal …
August 23, 2021
T-Mobile US Inc. said on Friday an ongoing investigation into a data breach revealed that hackers accessed personal information of an additional 5.3 million customers, bringing the total number of people affected to more than 53 million. The third largest …
August 19, 2021
TechAssure has announced a partnership with RiskAnalytics and ICE Cybersecurity to launch an exclusive cyber insurance option called The ShadowNet Program, a real-time, proactive cyber intelligence service. Using RiskAnalytics’ proprietary cybersecurity solutions, and ICE Cybersecurity’s assessment and analytics platform, insureds …
August 18, 2021
Sometimes, real life can be like the movies. At least, that’s according to two ethical hackers in this episode of The Insuring Cyber Podcast. Dr. Ondrej Krehel, founder and CEO of LIFARS – a New York City-based incident response and …
August 16, 2021
Despite the overall worsening cybersecurity climate, there’s been some global progress in developing strategies to reduce risk. “We are seeing a new level of collaboration between the public and private sectors,” Christian Hoffman, Aon’s Cyber Solutions chief executive officer of …
August 4, 2021
As ransomware attacks are on the rise and cyber risks continue to mount, experts say there has been “a paradigm shift in cybersecurity enforcement.” That’s according to Matt Levine, a partner in Phillips Nizer’s litigation department in its New York …
July 30, 2021
At-Bay pulled in a whopping $185 million in new financing that the cyber insurance startup plans to use for new product development, expansion into new markets and hiring more employees. Including the new round, the managing general underwriter said it …
July 27, 2021
It was the start of a steamy Friday two Augusts ago when Jason Whisler settled in for a working breakfast at the Coffee Ranch restaurant in the Texas Panhandle city of Borger. The most pressing agenda item for city officials …