Tags cyber insurance
White House cyber summit with private sector nets impressive gains, but points to considerable work needed ahead
"A couple folks have struggled with the idea that we're going to pat companies on the back for doing things they should already be doing," said one observer.
Cyber insurance market encounters ‘crisis moment’ as ransomware costs pile up
The woes within the industry could mean significant ramifications for policyholders.
Japan's Tokio Marine is the latest insurer to be victimized by ransomware
It's the third to announce a successful attack since March.
Two cyber insurance industry initiatives grapple with rise of ransomware
CyberAcuView and the APCIA are two different answers to a phenomenon rocking the cyber insurance industry.
Insurer paid $65,000 to help a city unlock ransomware in 2018. A second hack was more expensive.
The city of Azusa didn't disclose a payment in one incident, insurance paid up and now it's a victim again.
Cyber insurance premiums rise as ransomware, hacks continue, GAO finds
More than half of cyber insurers surveyed said premiums rose by 10 to 30% in late 2020.