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News Alert: QBE North America launches new cyber insurance program with Converge

The Last Watchdog

New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. The program will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation.

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17 cyber insurance application questions you'll need to answer

CSO Magazine

I recently had to renew the cyber insurance policy for the office and it was interesting to see the evolution of questions asked over the years. At first, most of the cyber insurance questions involved basic computer security and merely checked to see if we had firewalls and antivirus and not much else.

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Policyholders may be the primary target in hack of cyber insurance provider CNA

SC Magazine

Insurance firm CNA Financial, a prominent provider of cyber insurance, confirmed a cyberattack against its systems, which has some concerned that cybercriminals may target policyholders. For example, messaging might now include ‘We know that you use xyz firewall, and we know how to break it,’” he said. “I

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What is not included in a Cyber Insurance Policy

CyberSecurity Insiders

Ever wondered what is covered and what is not in your Cyber Insurance Policy? If not, you better review the guidelines and inform all your C-level employees on strategies to cope with the losses that remain out of the cyber insurance cover. Otherwise, the cyber insurer will not offer any policy coverage.

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MSPs: Becoming the Trusted Cyber Insurance Advisor

Duo's Security Blog

In its modern iteration, cyber liability insurance mitigates the losses and business costs associated with cyber incidents and resulting downtime. CyberCube, a company specializing in quantifying cyber risk, estimates that the U.S. standalone cyber insurance market could reach $45 billion in premiums by 2034.

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Work from home increases Cyber Threats on Enterprises

CyberSecurity Insiders

The Annual Cyber Security Breaches Survey conducted by DCMS states that remote working is paving way to heightening cyber risks as employees are not aware of the threats lurking behind their corporate firewalls and thus are committing the mistake of practicing poor cyber hygiene while interacting with apps and data related to their company/s.

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Is The Cost Of Predictive Cyber Security Worth The Investment?

Security Boulevard

The Livingston firewall rapidly became replaced with Checkpoint running on Windows NT server, (Stop laughing, I actually set one up once). Cisco came to market with the PIX firewall, Netscreen came to market with the ASIC based firewall, and suddenly, security had a voice. What Is Not Covered Under Cyber Insurance?