Ransomware Claims Trending Downward, Insurance Firm Says
“Ransomware attacks are down from recent peaks, as costs and frequency of claims trend downward,” is the headline introduction to a new Risk Insights...
Tagged: insurance
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Texas Department of Insurance Exposed Data of 1.8 Million People
The Texas Department of Insurance recently disclosed a “data security event” that appears to have affected roughly 1.8 million people. The Texas Department of...
Insurance Broker Aon Investigating Cyber Incident
Global insurance broker Aon on Monday revealed that it’s investigating a cyber incident impacting some of its systems. In a brief statement submitted to...
Court Awards Merck $1.4B Insurance Claim Over NotPetya Cyberattack
New Jersey court delivers summary judgment against insurance company’s refusal to pay based on war exclusion clause The NotPetya malware outbreak of 2017 caused...
Insurance and Fintech Firm Acrisure Launches Cyber Services Division
Fast-growing insurance and fintech firm Acrisure announced a new cyber services division this week, a move that will allow the company to provide customers...
Cyber Insurance Firm Corvus Expands With Acquisition of UK-Based Tarian
Boston-based cyber insurance company Corvus on Tuesday announced the acquisition of UK-based cyber underwriting platform Tarian Underwriting Limited from Beat Capital Partners. Following the...
Cyber Insurance Firm Resilience Raises $80 Million
Cyber insurance and security solutions provider Resilience on Monday announced raising $80 million in a Series C funding round. The funding round, which brings...
The Wild West of the Nascent Cyber Insurance Industry
Cyber Insurance is a work in progress, with many existing customers effectively guinea pigs The basic problem for the cyber insurance industry is easy...
Brazilian insurance giant Porto Seguro hit by cyberattack
One of Brazil’s largest insurance groups, Porto Seguro has reported it suffered a cyberattack that resulted in instability to its service channels and some...
Cyber Insurance Firm At-Bay Announces $20 Million Series D Extension
At-Bay, the cyber insurance company that aims to reduce ransomware risk, this week announced a $20 million extension to its Series D funding round....