Allianz Global Corporate & Specialty (AGCS) recently announced it is introducing its “next generation” cyber and professional liability product. Designed specifically for the North American Market, ACCEPT Protect offers “individual
The cybersecurity software developer SentinelOne has recently announced a $1 million reimbursement for customers that are hit by a ransomware attack. However, many have described this coverage as good marketing
A Case for Reviewing Cyber Coverage at the Onset of M&A Activity It’s no secret that M&A activity reached an all-time high in 2015 with a total of $4.3 trillion
On Tuesday, the White House approved a presidential policy directive (PPD) to help the federal government coordinate with the private sector when responding to cyber-attacks. The PPD is the U.S.
On Monday, the FBI announced that it is launching a probe into the hack of the Democratic National Committee’s emails on Monday. Wikileaks published nearly 20,000 DNC emails, which included
The Democratic Convention began amidst controversy due to cyber hacks and allegations that Russia is trying to influence the election. DNC Chairwoman, Debbie Wasserman Shultz, resigned due to the Russian
Cisco’s 2016 Midyear Cybersecurity Report reveals that ransomware has become the most malicious and costliest form of malware to date. Among other key findings, the report found that “fragile infrastructures,
A recent analysis conducted by security service provider, Solutionary reported that 88 percent of ransomware attacks that were analyzed by the firm’s Security Engineering Research Team were intentionally targeting healthcare
Technology and cybersecurity website, ITPortal, recently interviewed Geoff White from Lloyd’s of London about the growing need for cyber insurance as cyber-threats increase in both size and sophistication. The fact
Emisisoft, a software maker specializing in Anti-malware, now offers a free decryptor available to hospitals and other organizations. The decryptor can unlock the ransomware strain, Stampado, following an attack. The
