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Cyber Insurance and the Attribution Conundrum

Cisco Security

Lloyds of London have recently published a Market Bulletin 1 addressing the wording of cyber insurance policies to exclude losses arising from: “ state backed cyber-attacks that (a) significantly impair the ability of a state to function or (b) that significantly impair the security capabilities of a state. ”.

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The Cyber Insurance Landscape Has Grown More Complicated

SecureWorld News

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Having cyber insurance can help ensure compliance with these requirements. Can companies live without cyber insurance?

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CFOs ignoring billions of dollars loss incurred through Cyber Risks

CyberSecurity Insiders

Contrarily, 66% of Chief Information Security Officers (CISOs) felt that their IT infrastructure was super vulnerable to cyber attacks, as they were ill prepared to encounter them- all due to budget constraints. Embracing regulatory trends can also help in keeping the company’s digital assets out of situational trouble.

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Security Roundup February 2025

BH Consulting

Cyber insurance industry faces a pivotal year The cyber insurance industry faces a pivotal year, influenced by evolving ransomware threats, regulatory changes, and the integration of artificial intelligence (AI). Links we liked Help Net Security rounds up insights into CISO thinking and strategy.

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Has ESG Become aWake-Up Call for Cybersecurity?

Security Boulevard

Even with ransomware costing billions of dollars in losses and cyber insurance claims, organizations are still impacted beyond the checkbook. Email phishing, brute force, and even employees leaving with a host of USB sticks, organizations face countless and often unreported cyber attacks.

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2023 Cybersecurity Predictions from Marcus Fowler, Darktrace

CyberSecurity Insiders

A look ahead to 2023 we can expect to see changes in MFA, continued Hactivism from non-state actors, CISOs lean in on more proactive security and crypto-jackers will get more savvy. 1 – Attacker tradecraft centers on identity and MFA. 5 – Recession requires CISOs to get frank with the board about proactive security.

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Challenges and Opportunities of the Cyber Liability Insurance Market

Duo's Security Blog

As an advisory CISO and part of Cisco’s strategy group, an essential part of my role is talking to CISOs from every kind of organization. From these conversations, it is clear cyber liability insurance is steadily rising to the top of the agenda, due to the sheer amount and scale of cyber-attacks hitting firms.