SC Magazine

MAY 24, 2021

Data from at least one insurance broker tracked a near doubling of clients who were opting in for cyber-specific insurance from 26% in 2016 to 47% in 2020. Lyle said the same rush of companies to shift some of their financial risks around cybersecurity to insurance also likely contributed to those increases.

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

SecureWorld News

NOVEMBER 30, 2020

A large provider of IT services in the EU is the latest example that cyber risk is business risk. The Group’s insurance coverage for cyber risks totals €30 million. After including the items mentioned above, for financial year 2020 Sopra Steria expects to see negative organic revenue growth of between 4.5%

Cyber Insurance 117

Cyber Insurance Ransomware Insurance Cyber Risk 117

Webroot

JULY 25, 2022

Following the remote work pivot we saw in 2020, IT security has had to evolve quickly to remain effective, flexible and resilient in today’s dynamic hybrid/remote work environments. Cyber insurance becomes mainstream discussion. The cyber insurance market is expected to reach around $20B by 2025.

Cyber Insurance 136

Cyber Insurance Insurance Marketing Ransomware 136

CyberSecurity Insiders

DECEMBER 11, 2021

NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. As a result, some insurance companies have had to raise premiums to cover their costs.

Cyber Insurance 52

Cyber Insurance Insurance Cyber Risk Risk 52

SC Magazine

APRIL 23, 2021

For example, they’re used in boardrooms as “eye candy” to portray the state of company cyber-risk, with supply chain partners to manage third-party risk and, even more frightening, by insurance companies to create risk profiles for cyber-insurance policies. Usually not.

Cyber Insurance 61

Cyber Insurance Insurance Risk Cyber Risk 61

SecureWorld News

AUGUST 18, 2020

Here is Carnival Corporation's ransomware and cyber incident statement, in full: On August 15, 2020, Carnival Corporation and Carnival plc (together, the "Company," "we," "us," or "our") detected a ransomware attack that accessed and encrypted a portion of one brand’s information technology systems. And number one is cyber insurance.

Cyber Insurance 98

Cyber Insurance Ransomware Insurance Technology 98

SecureWorld News

AUGUST 21, 2020

We know the attack started on July 19, 2020, after hackers accessed a sliver of the University's network: ". Starting in 2020, new strains of ransomware rapidly emerged that exfiltrates (or steals) data, then encyrpts the data on the victim's servers. And number one is cyber insurance. Hackers had to change their tactics.

Ransomware 98

Ransomware Cyber Insurance Insurance Backups 98

SC Magazine

FEBRUARY 8, 2021

The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. There isn’t just one force leading this shift, and although cyber insurance is going to continue to be more commonplace, there are other actors in this story,” said Eddy Bobritsky, CEO at Minerva Labs.

Insurance 126

Insurance Cybersecurity Cyber Insurance Government 126

Security Boulevard

JUNE 8, 2021

Human error is still the number one cause of cyber attack and home working could make this even more prominent. In 2020, Verizon found that 67% of cyber attacks were down to phishing and Business Email Compromise.

Cyber Insurance 105

Cyber Insurance Cyber Attacks Cyber threats Insurance 105

CyberSecurity Insiders

JANUARY 20, 2022

It joins Insurance, Reinsurance, Real Estate Services and Asset Management as divisions powered by Acrisure’s technology capabilities and global distribution network. Businesses in every industry face complex cyber risk, particularly the millions of small and midsize companies comprising much of Acrisure’s client base.

Insurance 59

Insurance Cyber Risk Small Business Financial Services 59

eSecurity Planet

APRIL 26, 2022

Company Sector Year Status Vicarius Vulnerability management 2022 Private Dragos ICS and OT security 2021 Private Safeguard Cyber Risk management 2021 Private CyberGRX Risk management 2019 Private Signifyd Fraud protection 2018 Private RedOwl Security analytics 2015 Acquired: Forcepoint. AllegisCyber Investments.

Cybersecurity 129

Cybersecurity Technology Marketing Healthcare 129

eSecurity Planet

JANUARY 11, 2022

Series A Cado Security 2020 London, UK 26 $11.5 Series B Wiz 2020 Tel Aviv, Israel 186 $230.0 Startup Est Headquarters Staff Funding Funding Type DoControl 2020 New York, NY 37 $13.4 Series A Lightspin 2020 Tel Aviv, Israel 43 $20.0 Best Cyber Asset and Attack Surface Management Startups. Cowbell Cyber.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

Cytelligence

FEBRUARY 4, 2020

FOR IMMEDIATE RELEASE: FEBRUARY 4, 2020. AON ACQUIRES CYTELLIGENCE, A LEADING INTERNATIONAL CYBER SECURITY FIRM WITH DEEP EXPERTISE IN CYBER INCIDENT RESPONSE AND DIGITAL FORENSIC INVESTIGATIONS. ? Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025.

Penetration Testing 45

Penetration Testing Insurance Data preservation Risk 45

Pen Test

OCTOBER 10, 2023

Sopra Steria - One of the Largest Reported Ransoms Europe's major IT services firm Sopra Steria was breached in October 2020 by the Ryuk gang, with extensive backups preventing major disruption. Identify cyber insurance policies and ensure they align to business needs regarding ransomware attacks and data leaks.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

Adam Levin

MARCH 2, 2020

Ransomware attacks on businesses skyrocketed 365 percent in 2019, and all signs point to more of the same in 2020. If your company already has cyber insurance coverage, consider increasing it. And it wasn’t because the media paid more attention to this relative newcomer in the area of cybercrime.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215