The increase in cybercriminal activity has sparked an interest in cyber insurance coverage. Cyber risk professionals are beginning to place more emphasis on educating insurance agents and brokers as well
While cyber insurance can help organizations mitigate cyber risk and recover from a data breach or cyber-attack, industry experts caution clients to evaluate and understand policy language carefully to avoid
Due to new cybersecurity requirements for government contractors, smaller entities have expressed concern over their ability to compete for government business. The argument is that the government is overlooking potential
In the past week, the augmented reality (AR) game Pokémon Go has exploded in popularity. It raised Nintendo’s stock by $9 billion, greatly improved the standing of AR games and
On Wednesday, the House Small Business Committee held a hearing regarding foreign cybercriminals’ impact on small businesses, with four leaders in the field (Jamil Jaffer, Justin Zeefe, Nova Daly and
While the difficulty to quantify cyber risk is evident, organizations are becoming increasingly interested in purchasing cyber insurance. The cyber liability insurance market is predicted to grow from $2 billion
DeepDotWeb reported Tuesday that a hacker put 9.3 million stolen health records up for sale on TheRealDeal market for 750 bitcoin, or $485,000. The hacker, which stole the patient records
On Tuesday, July 5, the European Commission signed an agreement that states members will start to pool together a sum of €450 million to invest in the research of cybersecurity problems.
Last Friday, the University of Calgary made an announcement at a town hall urging other institutions to acquire cyber insurance. Recently, the university had a run-in with ransomware, costing it
According to the cybersecurity software maker Check Point, 10 million Android devices have been infected with the HummingBad malware. Check Point has been monitoring HummingBad since February, and there was
