MFA News

What Cyber Underwriters Miss: Small Businesses Aren’t Using MFA Correctly, Advisen Panel Says

As cyber threat actors continue to innovate and find new ways to increase their odds of success, panelists at the 2022 Advisen Cyber Risk Insights Conference urged underwriters to raise the stakes when assessing insureds’ cyber exposure. One specific area …

Travelers, Policyholder Agree to Void Current Cyber Policy

Travelers and policyholder International Control Services (ICS) jointly filed a stipulation to have a federal court rescind an active cyber insurance policy that the insurer claimed was void due to the insured’s misrepresentation of multi-factor authentication use. According to documents …

Travelers Wants Out of Contract With Insured That Allegedly Misrepresented MFA Use

In what may be one of the first court filings of its kind, insurer Travelers is asking a district court for a ruling to rescind a policy because the insured allegedly misrepresented its use of multifactor authentication (MFA) – a …