Coalition Enters Canadian Excess Cyber Insurance Market July 15, 2021 Coalition, the San Francisco-based cyber insurance and security company, announced it will enter the excess cyber insurance market in Canada...
Does It Ever Make Sense for Firms to Pay Ransomware Criminals? July 8, 2021 By Chris Beck and Blake Fleisher The global insurance company AXA announced in May it will stop writing cyber insurance coverage in France that reimburses customers...
FBI Working with Iowa College on Data Security Breach June 10, 2021 The FBI is now working with Iowa’s Des Moines Area Community College on a data security breach that has led...
As Ransomware Criminals Get More Ruthless, Experts Call for Multi-Pronged Response April 30, 2021 By Frank Bajak Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in U.S. politics has mostly overshadowed a worsening...
Chinese Military Reported to Be Behind Japan Cyber Attacks April 21, 2021 By Isabel Reynolds and Alyza Sebenius China’s military is thought to have instructed a hacker group to conduct cyber attacks on nearly 200 Japanese research institutions...
British Cyber Security Company Darktrace Plans $4 Billion London Listing April 13, 2021 By Paul Sandle and Abhinav Ramnarayan LONDON – Darktrace, the British cyber security firm backed by tech entrepreneur Mike Lynch, fired the gun on its $4...
CNA Central, CNA Surety Now Back Online; Work on Other Portals Continues April 6, 2021 CNA Insurance said it continues to make progress in restoring its operations following a March 21 cyber attack. Today it...
CNA Says Email Now Safe As Cyber Attack Recovery Progresses April 5, 2021 CNA Insurance expects its corporate email and other functions to be fully operational soon as it continues its recovery efforts...
NY’s Cyber Guidance Could Boost Risk Management for Insurers, Insureds Across U.S. April 5, 2021 By Yakir Golan and Visesh Gosrani The Cyber Insurance Risk Framework, launched recently by the New York State Department of Financial Services, is a positive step...