October 5, 2023
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced a strategic partnership with Japan’s MS&AD Insurance Group to provide cybersecurity monitoring solutions for small and medium-sized businesses (SMBs). MS&AD Insurance Group, the largest non-life insurer in Japan …
September 29, 2023
Most small businesses don’t believe they will experience a cyber attack, yet many employees are concerned they are putting their organizations at risk, according to a recent poll by Insurance Bureau of Canada (IBC). IBC’s 2023 Cyber Security Survey found …
September 20, 2023
Israeli cybersecurity firm Cato Networks said on Tuesday it had raised $238 million in a private funding round that valued the company at $3 billion. The round, one of Israel’s largest this year and Cato’s biggest, was led by LightSpeed …
September 19, 2023
Cyber risk headlines are dominated by rising ransomware activity and soaring global data breach costs. The increased ransomware activity, driven largely by threat actor financial motives, has indiscriminately affected all industry segments – from large corporate clients to small to …
September 13, 2023
Two proposed class actions have been filed in federal court in Massachusetts against Mapfre U.S.A. Corp. and its affiliate Commerce Insurance Co. over a recent data breach that one of the lawsuits contends may have exposed customer data for more …
September 5, 2023
Chinese technology giant Huawei has filed a lawsuit with a Lisbon court against a resolution by Portugal’s cybersecurity council CSSC that effectively bars operators from using its equipment in high-speed 5G mobile networks, the company said. The CSSC is the …
August 9, 2023
Hackers were able to access UK voter registers undetected for 15 months, the Electoral Commission said, raising questions about data security even as it played down fears about the impact on elections. “Hostile actors” could obtain the name and address …
July 21, 2023
The ongoing cyberattack exploiting MOVEit file-transfer software has taken a toll on US colleges and universities. At least 30 institutions have been notified that personal information of students and employees may have been exposed through vendors — including the Teachers …
July 11, 2023
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced its cyber insurance and technology errors and omissions (E&O) insurance offerings are now available in Quebec. Brokers can receive highly streamlined quotes for small businesses to large enterprises, …
July 10, 2023
The European Central Bank’s cybersecurity stress test next year won’t have a direct impact on capital requirements, limiting the exercise’s potential repercussions for investor payouts. The test will be a learning experience for lenders and the supervisor, ECB officials said …