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How to Keep Third-Party Events from Becoming First-Party Losses

Insurance Journal

Vendor-related risks, whether from technology suppliers or non-technology partners, have always been a concern and often drive a large number of cyber insurance claims notifications. Vendor risks have traditionally come in the form of data breaches, but increasingly, ransomware attacks …

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Viewpoint: The Vital Role of Claim Professionals After Cyberattacks

Insurance Journal

A crime victim will need a deep bench when responding to a cyber incident. While the role of brokers, privacy counsel and forensic investigators is well understood, the contribution of insurance claim professionals cannot be overlooked. A victim may have …

Claim 147
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Healthcare Cyber Attacks: What You and Your Clients Should Know

ProWriters

Healthcare cyber attacks and data breaches have risen in recent years, according to The HIPAA Journal. In February 2024, Change Healthcare, whose technology powers the processing of some 15 billion medical bills and insurance claims a year, suffered a ransomware attack. Several major breaches have made headlines.

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Introducing Cowbell MDR SOC-as-a-Service

Cowbell

Protecting your business from cyber threats is a full-time job. Cyber resiliency is not easily attainable and cannot be achieved with a single tool, such as endpoint detection. Q3: I have cyber insurance. A3: Cyber insurance is an essential safety net , but it doesnt prevent breaches. Why do I need this?

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RIMS TechRisk/RiskTech: Using Cyberrisk Analytics to Improve Your Cyber Insurance Program

Risk Management Monitor

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. As a result, it is more important than ever for companies to understand their cyber vulnerabilities and exposures so they can ensure they are properly covered. One way to do this is through analytics.

Cyber 66
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Pirates Invade Tampa! Is an Invasion Covered Under a Commercial Insurance Policy?

Property Insurance Coverage Law

Is an Invasion Covered Under a Commercial Insurance Policy? It was Gasparilla Day in Tampa yesterday. I wrote about this invasion by pirates last year in Is There Coverage For Pirates? Chip Merlin and His Friends Plunder Tampa on Gasparilla Day!

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Blog Post: Global Microsoft Outage: Guidance for Claimants Navigating the CrowdStrike Event

LexisNexis

Learn about the steps businesses should take to recover on the business interruption, including contract and indemnity claims, caused by this software failure. Cybersecurity Insurance Analyze types of risk to an enterprise that may be covered by cybersecurity insurance.

Cyber 40