Tags insurance

AIG subsidiary tells court it's not responsible for Landry's legal costs in $20 million lawsuit filed after breach

by Jeff Stone • 2 weeks ago

The dispute comes amid a period of ongoing scrutiny over what kinds of breach-related costs are insured.

Norsk Hydro's cyber insurance has paid just a fraction of its breach-related losses so far

by Jeff Stone • 1 month ago

Payments are likely to continue as costs add up, the Norwegian company said in an earnings report.

Why are cyber insurers incentivizing clients to invest in specific vendors?

by Jeff Stone • 2 months ago

Insurers are exploring cybersecurity as an area with growth potential.

AIG says spoofing-related suit isn’t covered, wants lawsuit tossed

by Jeff Stone • 2 months ago

It's the latest dispute between an insurer and client over whether a plan can cover losses incurred by online fraud.

Shareholders allege FedEx covered up damages caused by NotPetya attack

by Jeff Stone • 3 months ago

FedEx didn't account for remediation when it said the NotPetya ransomware attack would cost roughly $400 million, according to the suit.

Demand for cyber insurance grows as volatility scares off some providers

by Jeff Stone • 4 months ago

How do you quantify the risk of the next NotPetya attack? Maybe by re-thinking whether you want to offer cyber insurance at all.

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