Insurance Related Topics 
Schneier on Security
MARCH 14, 2024
Some drivers may not realize that, if they turn on these features, the car companies then give information about how they drive to data brokers like LexisNexis [who then sell it to insurance companies].
Schneier on Security
JULY 1, 2021
Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals.
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Security Boulevard
OCTOBER 30, 2024
Cybersecurity is a leading concern for risk managers as AI-related cyber risks surge, and despite growing investments, many businesses still lack comprehensive cyber insurance, according to a Nationwide survey. The post AI Cyberattacks Rise but Businesses Still Lack Insurance appeared first on Security Boulevard.
Schneier on Security
FEBRUARY 28, 2022
Tarah Wheeler and Josephine Wolff analyze a recent court decision that the NotPetya attacks are not considered an act of war under the wording of Merck’s insurance policy, and that the insurers must pay the $1B+ claim. Wheeler and Wolff argue that the judge “did the right thing for the wrong reasons.”
Security Boulevard
OCTOBER 31, 2024
With cybersecurity threats continuing to evolve at an accelerated pace, organizations need to ensure that their cyber insurance policies remain active at all times. The post Safeguarding Cyber Insurance Policies With Security Awareness Training appeared first on Security Boulevard.
Security Boulevard
NOVEMBER 12, 2024
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. The post Insurance Firm Introduces Liability Coverage for CISOs appeared first on Security Boulevard.
Joseph Steinberg
JULY 8, 2021
Ironically, while many larger enterprises purchase insurance to protect themselves against catastrophic levels of hacker-inflicted damages, smaller businesses – whose cyber-risks are far greater than those of their larger counterparts – rarely have adequate (or even any) coverage. Insurance is, therefore, always needed.
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