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Insurance Firm Introduces Liability Coverage for CISOs

Security Boulevard

National insurance firm Crum and Forster is offering a professional liability program for CISOs who are facing growing regulatory pressures and sophisticate cyberattacks but often are not covered by their organizations' D&O policies.

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LW ROUNDTABLE: Wrist slap or cultural shift? SEC fines cyber firms for disclosure violations

The Last Watchdog

Security and Exchange Commission (SEC) recently laid down the hammer charging and fining four prominent cybersecurity vendors for making misleading claims in connection with the SolarWinds hack. Joe Nicastro , Field CTO, Legit Security Nicastro Transparency in cybersecurity remains a complex balancing act.

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LW ROUNDTABLE: Compliance pressures intensify as new cybersecurity standards take hold

The Last Watchdog

Wojtasiak Mark Wojtasiak , VP of Research and Strategy, Vectra AI In the coming year, well see the initial excitement that surrounded AIs potential in cybersecurity start to give way due to a growing sense of disillusionment among security leaders. The SEC Cybersecurity Disclosure Rule highlights transparency in governance.

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GUEST ESSAY: Could CISOs be on the verge of disproving the ‘security-as-a-cost-center’ fallacy?

The Last Watchdog

So how will this affect chief information security officers (CISOs) and security programs? Given the perennial skills and staffing shortage in security, it’s unlikely that CISOs will be asked to make deep budget or staffing cuts, yet they may not come out of this period unscathed. Related: Attack surface management takes center stage.

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Best Practices Q&A: Guidance about what directors need to hear from CISOs — from a board member

The Last Watchdog

CISOs can sometimes be their own worst enemy, especially when it comes to communicating with the board of directors. Related: The ‘cyber’ case for D&O insurance Vanessa Pegueros knows this all too well. LW: Why do so many CISOs still not get it that FUD and doom-and-gloom don’t work?

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Is it Time to Update Your Cyber Insurance Strategy?

Security Boulevard

In 2021, rethinking your cyber insurance strategy should be a top priority for CISOs and executive leadership. The elevated risk landscape is driving growing demand for cyber insurance: Nearly four out of five organizations. The post Is it Time to Update Your Cyber Insurance Strategy?

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Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

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