Small Business Cybersecurity Insurance Is Vital, House Panel Told

The nascent cybersecurity insurance market can play an important role for smaller businesses, which remain a prime target for hackers and cybercriminals, witnesses and congressmen said at a House Small Business Committee hearing July 26. Read more about the United States House Small Business Committee hearing where the importance of cyber security insurance was discussed […]

Businesses Need Cyber Insurance Against Government: Kroll Executive

The major risk to businesses victimized by cyber breaches is the reputational damage that can follow, damage that often comes from government regulators out to make a name for themselves, according to a former FBI agent who works in the private sector now. Read why Jason Smolanoff of Kroll Associates says that businesses need cyber insurance […]

The Evolution of Industrial Cyber Insurance

Read Lior Frenkel’s article about industrial cyber insurance on Dark Reading : When cybersecurity technology works effectively to reduce damage to industrial control systems, the insurance industry can provide coverage against risks not coverable before. Read his full article here.

4 Key Cybersecurity Insurance Cases To Watch

Read Jeff Sistrunk list four key cyber security insurance cases every business should be watching on Law360 : Businesses both large and small are facing an ever-evolving landscape of threats to their cybersecurity, from infiltration by computer hackers to elaborate criminal schemes designed to trick employees into wiring money to overseas bank accounts. Read his […]

biBERK: Cyberthreats change SMB insurance policies

Read Rakesh Gupta explain how growing cyber threats are changing small and medium businesses insurance policies on Silicon Prairie News : It used to be that small and medium-sized businesses weren’t targeted as often as larger corporations. That’s no longer the case. Today, 62 percent of cyberattacks target small and mid-sized businesses. Read his full […]

Manufacturers Buying More Cyber Insurance

Read Jennifer Baljko explain why manufacturers are buying more cyber insurance to protect from cyber attacks on EBN : Cyber attacks are no longer limited to front office interactions with individual customers. The amount of data now integrated into smart products, manufacturing equipment and other machines that keep operations running is a sweet temptation for […]

How cyber insurance helps you deal with a data breach [Infographic]

Data breach is a phenomenon every company hates yet we hear about data breaches so frequently. Not only a data breach can financially wreak a havoc on a companies’ finances, it can also seriously damage its public image and goodwill. Read more about how cyber insurance can help companies deal with a data breach on […]

Business Impact Get Hacked and Your Cybersecurity Company May Pay

The hackers are winning, so the market for cybersecurity insurance is booming. Today businesses accept that they are likely to be breached no matter how much they spend on defenses, and they’ve begun looking for someone to share the cost. Read about how a small but growing number of cybersecurity companies are introducing warranty programs that […]

Cyber insurance coverage must be appropriate to perceived risk

Read why Greg Reber says that cyber insurance must cover all the perceived cyber risks to the company on Security Info Watch : Public agencies and businesses around the world are making cyber risk a top priority. Insuring companies against data breaches is becoming a huge industry even as its nascent role and impact in […]

Why security leaders need to partner with their insurance companies

Read why  Michael Santarcangelo says that security leaders need to partner with their insurance companies to get the best benefits on CSO Online : What comes to mind when you read or hear the phrase “cyber insurance?” Most focus on the “liability” part of cyber insurance, the protection companies seek in the event of a security […]