Insurance Technology: SiriusPoint Invests in LuckyTruck; Hiscox Offers Real-Time Quotes With RMS Location API; ActZero Security Adds Cyber Coverage From Measured December 15, 2021 Global specialty insurer SiriusPoint said it is investing in LuckyTruck Corp., a digital broker and aggregator specializing in commercial trucking...
What Insurance Firms Promised at White House Cybersecurity Summit August 26, 2021 Four insurance firms — Travelers, Coalition, Resilience Cyber Solutions and Vantage Group— were among the participants in the White House...
Meat Producer JBS Paid $11M in Ransom to Cyber Attackers June 10, 2021 By Andrew G. Simpson Meat producer JBS USA paid the equivalent of $11 million in ransom in response to the May 30 criminal hack...
Washington Debates What to Do About Ransomware Payments, Cyber Reporting June 7, 2021 By Ros Krasny and John Gittelsohn More transparency is needed into what kind of cash payments are made after ransomware attacks, a top Democrat said, following...
National Security Chief Warns Firms to Boost Cybersecurity as Ransomware Surges June 4, 2021 By Doina Chiacu The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware...
Pipeline Ransomware Attack Stirs Debate on Whether Insurance Attracts Hackers May 17, 2021 By Katherine Chiglinsky and Jamie Tarabay The ransomware attack on Colonial Pipeline Co. that caused gasoline shortages along the U.S. East Coast also sparked a debate...
Cyber Tops All Other Risk Concerns for Businesses of All Sizes October 1, 2019 Cyber risks are the top concern among businesses of all sizes. Of the 1,200 business leaders who participated in an...
Agency Vows Lower Cyber Insurance Deductible for Multi-factor Verification September 17, 2019 Coalition, a cyber insurance agency for small and midsize businesses, has launched an incentive program to reward policyholders who implement...
Banks and Insurers Have Improved Their Cyber Defenses September 20, 2018 Despite the volume of cyberattacks doubling in 2017, banks and insurance firm firms are closing the gap on cyber attacks,...
New AIG Cyber Model to Evaluate, Score Client Cyber Risk December 12, 2017 American International Group, Inc. has launched a new cyber benchmarking model that quantifies and scores client cyber risk. The AIG...