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Small and midsize businesses — so-called SMBs — face an acute risk of sustaining a crippling cyberattack. This appears to be even more true today than it was when I began writing about business cyberrisks at USA TODAY more than a decade ago. Last February, Dallas-based email encryption vendor Zix Corp.
AllegisCyber Capital was founded in 1996 to serve the growing cyber business ecosystem. Named after the infamous string of nation-state cyber attacks during the late 2000s, NightDragon was established in 2016 by former McAfee CEO Dave DeWalt. AllegisCyber Capital. AllegisCyber Investments. Andreessen Horowitz (a16z). NightDragon.
A cyber insurance backstop would provide a means for insurers to receive financial support from the federal government in the event that there was a catastrophic cyberattack that caused so much financial damage that the insurers could not afford to cover all of it. 11, 2001, terrorist attacks.
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