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On the heels of a severe cyberattack, aluminum giant Norsk Hydro has received only $3.6 million in cyber-insurance – just a fraction of the total costs in damage. Overall, the Oslo, Norway-based company incurred between $60 million to $71 million Read More …
International health insurance business Bupa has been fined £175,000 after a staffer tried to sell more than half a million customers’ personal information on the dark web. The miscreant was able to access Bupa’s CRM system SWAN, which holds records Read More …
Insurers whose policies could give rise to claims for damage as a result of cyber attacks may have to adjust their policies or premiums to better reflect these risks, the Prudential Regulation Authority (PRA) has warned. Firms should also carry Read More …
A federal task force released its long-awaited cybersecurity recommendations report Friday evening. The far-reaching report from the Health Care Industry Cybersecurity Task Force was mandated by the Cybersecurity Act of 2015. The task force convened 21 wide-ranging stakeholders in medical Read More …
Sales of cybersecurity insurance policies jump in Israel after global attack. Israel came out relatively unscathed from the massive cyberattack on the world’s computers over the weekend. But the event was enough to spook many Israeli business owners and sales Read More …
Kaspersky Lab will provide IT forensics and incident response services to Allianz Global Corporate Specialty SE (AGCS) cyber insurance customers in Germany, Austria and Switzerland. In a cyber crisis, businesses can now benefit from Kaspersky Lab’s expertise, helping them to Read More …
