Munich Re is moving to exclude war from its cyber policies. With S&P Global last week saying that insurance losses from the Ukraine conflict could total $35 billion, with cyber one of the classes of insurance most exposed. Following reports…
If you are a security professional then I strongly recommend you register and review the Law360 article on SolarWinds. A US judge has kept open an investor suit against the company, following allegations from SolarWinds investors that the software firm…
Cyber insurers could potentially be looking at large claims due to the Ukraine-Russia war. While ‘some’ cyber insurance precedents have been set recently following the Merck Not Petya hack, it may not be enough to prevent claims disputes between the…
A great article on what UK cyber insurers cover in their policies. Interesting to see some covering regulatory fines and Extortion, including recovery costs or ransom payments. Ted Dziekanowski #cyberinsurance #cybersecurity #insurance #riskmanagement #cyberrisk View Original Post
Cyber insurance prices are up, coverage down and loss ratios rising. Cyber is a difficult risk to manage and innovation, economic growth, cyberspace and technology are not on the side of the underwriter and the insured. In our paper we…
The figures in the enclosed report are a concern. If the average IT security spend per employee (maybe the best measure we have today) has remained flat for the past 6 years, its a good indicator that we are not…
In normal times FUD (Fear Uncertainty and Doubt) does not work to make change in the board room, but one suggests we are not in normal times. There are plenty of reports from US government agencies including CISA, DHS and…
BA technical issues affecting short hall flights. #theaugustaplan‚Â #cybersecurity‚Â #cyberriskmanagement‚Â #regulatorycompliance‚Â #regulatoryoversight‚Â #cybercompliance‚Â #cyberregulation‚Â #cybergovernance‚Â #cyberriskgovernance‚Â #ransomeware‚Â #governance‚Â #nist‚Â #cyberinsurance‚Â #insurance‚Â #defence‚Â #defense‚Â #cni View Original Post
A sizable and healthy $5.6billion returned from recoveries and judgements involving fraud and false claims against the government by the DoJ to year ending 30th September 2021. With 2021 being a pandemic year, that may go some way to explain…
Thank you Ted Dziekanowski for this post. With cyber-attacks on the horizon the cyber industry is preparing. The challenge that remains is to assess the effectiveness of the current cyber defences. Assessments that may come through cyber attacks. As pointed…
