Cyber Insurance
80 материалов
- Zurich Acquires Beazley in $11 Billion Deal to Lead Cyberinsurance
M&A Tracker · Cyber Insurance
The deal awaits final shareholder and regulatory approvals and is expected to be completed in the second half of 2026. The post Zurich Acquires Beazley in $11 Billion Deal to Lead Cyberinsurance appeared first on SecurityWeek.
- Ransomware Losses Climb as AI Pushes Phishing to New Heights
Cyber Insurance · Ransomware
Based on real-world insurance claims, Resilience’s midyear report shows vendor risk is declining but costly, ransomware is evolving with triple extortion, and social engineering attacks are accelerating through AI. The post Ransomware Losses Climb as AI Pushes Phishing to New Heights appeared first on SecurityWeek.
- United Natural Foods Projects Up to $400M Sales Hit From June Cyberattack
Cyber Insurance · Incident Response
Cyberattack disrupted UNFI’s operations in June; company estimates $50–$60 million net income hit but anticipates insurance will cover most losses. The post United Natural Foods Projects Up to $400M Sales Hit From June Cyberattack appeared first on SecurityWeek.
- Cyber Insights 2025: Cyberinsurance – The Debate Continues
Cyber Insurance
Better risk management could lead to reduced premiums on top of value for money, making cyberinsurance a silent driver for improved cybersecurity. The post Cyber Insights 2025: Cyberinsurance – The Debate Continues appeared first on SecurityWeek.
- Cyberinsurance Premiums are Going Down: Here’s Why and What to Expect
Cyber Insurance
The change in premium rates is more likely to be the insurers’ correction than the insureds’ improvement in security. The post Cyberinsurance Premiums are Going Down: Here’s Why and What to Expect appeared first on SecurityWeek.
- Seeing is Believing… and Securing
Cyber Insurance · IoT Security
Because you can’t secure what you can’t see, having real-time asset visibility across the network is vital to maximizing security, minimizing risk, and protecting the enterprise. The post Seeing is Believing… and Securing appeared first on SecurityWeek.
- Merck Settles NotPetya Insurance Claim, Leaving Cyberwar Definition Unresolved
Cyber Insurance · Cyberwarfare
In a landmark case that blurs the lines between cyber and kinetic warfare, Merck reached a settlement with insurers over a $1.4 billion claim stemming from the NotPetya malware attack. The post Merck Settles NotPetya Insurance Claim, Leaving Cyberwar Definition Unresolved appeared first on SecurityWeek.
- Travelers to Acquire Cyberinsurance Firm Corvus for $435 Million
Cyber Insurance
Property and casualty insurance giant Travelers has entered into an agreement to acquire Corvus Insurance Holdings for approximately $435 million. The post Travelers to Acquire Cyberinsurance Firm Corvus for $435 Million appeared first on SecurityWeek.
- MGM Resorts Says Ransomware Hack Cost $110 Million
Cyber Insurance · Data Breaches
MGM Resorts said costs from a disruptive ransomware hack has exceeded $110 million, including $10 million in one-time consulting cleanup fees. The post MGM Resorts Says Ransomware Hack Cost $110 Million appeared first on SecurityWeek.
- The Reality of Cyberinsurance in 2023
Cyber Insurance
If an organization decides to include cyberinsurance within its total cyber risk management posture, that cyberinsurance must be fully integrated with the organization’s cybersecurity posture. The post The Reality of Cyberinsurance in 2023 appeared first on SecurityWeek.
- UK Think Tank Proposes Greater Ransomware Reporting From Cyberinsurance to Government
Cyber Insurance · Ransomware
The Royal United Services Institute (RUSI) examined the relationship between cyberinsurance and ransomware, and proposes greater reporting from victims to government, enforced through insurance policies. The post UK Think Tank Proposes Greater Ransomware Reporting From Cyberinsurance to Government appeared first on SecurityWeek.
- Cyberinsurance Firm Resilience Raises $100 Million to Expand Its Cyber Risk Platform
Cyber Insurance
Resilience Cyber Insurance Solutions has raised $100 million through a Series D funding round to support global expansion of its cyber risk platform that was launched earlier this year. The post Cyberinsurance Firm Resilience Raises $100 Million to Expand Its Cyber Risk Platform appeared first on SecurityWeek.
- Forgepoint Capital Places $15M Series A Bet on Converge Insurance
Cyber Insurance
Forgepoint Capital makes another investment in the cyber-insurance sector with a $15 million Series A investment in Converge Insurance. The post Forgepoint Capital Places $15M Series A Bet on Converge Insurance appeared first on SecurityWeek.
- Court Rules in Favor of Merck in $1.4 Billion Insurance Claim Over NotPetya Cyberattack
Cyber Insurance
Court says insurers must pay Merck for losses related to the Russia-linked NotPetya cyberattack. The post Court Rules in Favor of Merck in $1.4 Billion Insurance Claim Over NotPetya Cyberattack appeared first on SecurityWeek.
- Cyberinsurance Backstop: Can the Industry Survive Without One?
Cyber Insurance
The purpose of a backstop would be to make cyberinsurance more widely available and affordable to the whole market – but it isn’t yet clear whether this can be achieved. The post Cyberinsurance Backstop: Can the Industry Survive Without One? appeared first on SecurityWeek.
- SecurityScorecard Guarantees Accuracy of Its Security Ratings
Cyber Insurance · Incident Response
SecurityScorecard is offering free digital forensics and incident response (DFIR) services to customers that have scored an ‘A’ rating if they have been breached. The post SecurityScorecard Guarantees Accuracy of Its Security Ratings appeared first on SecurityWeek.
- Talking Cyberinsurance With Munich Re
Cyber Insurance
SecurityWeek spoke to Chris Storer, head of the cyber center of excellence at reinsurance giant Munich Re, for the cyber insurers’ view of cyberinsurance. The post Talking Cyberinsurance With Munich Re appeared first on SecurityWeek.
- Boxx Insurance Raises $14.4 Million in Series B Funding
Cyber Insurance · Cybersecurity Funding
Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance. The post Boxx Insurance Raises $14.4 Million in Series B Funding appeared first on SecurityWeek.
- Cyber Insights 2023 | Cyberinsurance
Cyber Insurance · CISO Strategy
The question for 2023 and beyond is whether the cyberinsurance industry can make a profit without destroying its market. The post Cyber Insights 2023 | Cyberinsurance appeared first on SecurityWeek.
- Guardz Emerges From Stealth Mode With $10 Million in Funding
Cyber Insurance · Cybersecurity Funding
All-in-one cybersecurity platform Guardz today emerged from stealth mode with $10 million in seed funding. The post Guardz Emerges From Stealth Mode With $10 Million in Funding appeared first on SecurityWeek.
- 251k Impacted by Data Breach at Insurance Firm Bay Bridge Administrators
Cyber Insurance · Cybercrime
Third-party administrator of insurance products Bay Bridge Administrators (BBA) is informing roughly 250,000 individuals that their personal information might have been compromised in a September 2022 data breach. The post 251k Impacted by Data Breach at Insurance Firm Bay Bridge Administrators appeared first on SecurityWeek.
- SASE Company Netskope Raises $401 Million
Cloud Security · Cyber Insurance
Secure access service edge (SASE) provider Netskope on Thursday announced that it has raised $401 million in an oversubscribed financing round. To date, the company has raised close to $1.5 billion. The post SASE Company Netskope Raises $401 Million appeared first on SecurityWeek.
- Cyber Insurance Analytics Firm CyberCube Raises $50 Million
Cyber Insurance · Cybersecurity Funding
CyberCube, a provider of cyber risk analytics for insurance companies, this week announced that it has raised $50 million in a new funding round that brings the total raised by the firm to $105 million. The post Cyber Insurance Analytics Firm CyberCube Raises $50 Million appeared first on SecurityWeek.
- Cybersecurity M&A Roundup: 35 Deals Announced in November 2022
M&A Tracker · Cyber Insurance
The post Cybersecurity M&A Roundup: 35 Deals Announced in November 2022 appeared first on SecurityWeek.
- Cybersecurity M&A Roundup for November 1-15, 2022
M&A Tracker · Cyber Insurance
The post Cybersecurity M&A Roundup for November 1-15, 2022 appeared first on SecurityWeek.
- Are Cybersecurity Vendors Pushing Snake Oil?
Artificial Intelligence · Cyber Insurance
Survey shows 96 percent of cybersecurity decision makers are confused by vendor marketing. The post Are Cybersecurity Vendors Pushing Snake Oil? appeared first on SecurityWeek.
- Australian Health Insurer Medibank Targeted in Cyberattack
Cyber Insurance · Cybercrime
Australian health insurance and health services provider Medibank has taken some systems offline after identifying suspicious activity on its network. One of the largest private health insurers in Australia, the Medibank Group serves more than 3.9 million individuals through its Medibank and ahm brands. The post Australian Health Insurer Medibank Targeted in Cyberattack appeared first on SecurityWeek.
- Seven ‘Creepy’ Backdoors Used by Lebanese Cyberspy Group in Israel Attacks
Cyber Insurance · Cyberwarfare
ESET has published an analysis of the seven backdoors that Lebanese advanced persistent threat (APT) actor Polonium has been using since September 2021 in attacks targeting Israeli organizations. The post Seven ‘Creepy’ Backdoors Used by Lebanese Cyberspy Group in Israel Attacks appeared first on SecurityWeek.
- Lloyd’s of London Cyber Incident Investigation Finds No Evidence of Compromise
Cyber Insurance · Cybercrime
Insurance giant Lloyd’s of London says it is working on restoring its systems after an investigation into a potential cyberattack found no evidence of compromise. The post Lloyd’s of London Cyber Incident Investigation Finds No Evidence of Compromise appeared first on SecurityWeek.
- Cyberinsurance Startup Elpha Secure Raises $20 Million
Cyber Insurance · Cybersecurity Funding
Cyberinsurance startup Elpha Secure this week announced that it has raised $20 million in a Series A funding round led by Canapi Ventures. Existing investors AXIS Capital, EOS Venture Partners, Fermat Capital Management, The Hartford STAG Ventures, State Farm Ventures, and Stone Point Ventures participated. The post Cyberinsurance Startup Elpha Secure Raises $20 Million appeared first on SecurityWeek.
- Insurance Giant Lloyd’s of London Investigating Cybersecurity Incident
Cyber Insurance · Cybercrime
Insurance giant Lloyd’s of London is investigating a cybersecurity incident that has forced it to disconnect some systems. The company says it has detected unusual activity and decided to ‘reset’ its network and systems as a precaution. It shut down all external connectivity, including its delegated authority platforms, in response to the incident. The post Insurance Giant Lloyd’s of London Investigating Cybersecurity Incident appeared first on SecurityWeek.
- Quantifying ROI in Cybersecurity Spend
Cyber Insurance · Risk Management
In cybersecurity, there are too many variables on both the attack and defense sides to easily calculate ROI for specific spends The post Quantifying ROI in Cybersecurity Spend appeared first on SecurityWeek.
- Security Pros Believe Cybersecurity Now Aligned With Cyberwar
Cyber Insurance · Cybercrime
More than three-quarters of security professionals in large organizations believe the world is now in a state of perpetual cyberwar – and 82% consider that geopolitics and cybersecurity are fundamentally linked. The post Security Pros Believe Cybersecurity Now Aligned With Cyberwar appeared first on SecurityWeek.
- Lloyd’s of London Introduces New War Exclusion Insurance Clauses
Cyber Insurance · Cyberwarfare
Lloyds of London, which describes itself as ‘the world’s leading insurance and reinsurance marketplace’, has clarified its position on war exclusions and cyberattack cover. It will require its underwriters to include such an exclusion based on its definition of cyberwar in future cyber insurance policies. The post Lloyd’s of London Introduces New War Exclusion Insurance Clauses appeared first on SecurityWeek.
- Cybersecurity M&A Roundup for August 1-15, 2022
M&A Tracker · Cyber Insurance
Twenty-three cybersecurity-related M&A deals were announced in the first half of August 2022. The post Cybersecurity M&A Roundup for August 1-15, 2022 appeared first on SecurityWeek.
- Security Firm Finds Flaws in Indian Online Insurance Broker
Cyber Insurance · Incident Response
Last month, a small cybersecurity firm told a major Indian online insurance brokerage it had found critical vulnerabilities in the company’s internet-facing network that could expose sensitive personal and financial data from at least 11 million customers to malicious hackers. The post Security Firm Finds Flaws in Indian Online Insurance Broker appeared first on SecurityWeek.
- Cybersecurity M&A Roundup: 39 Deals Announced in July 2022
M&A Tracker · Cyber Insurance
A total of 39 cybersecurity-related mergers and acquisitions were announced in July 2022. The post Cybersecurity M&A Roundup: 39 Deals Announced in July 2022 appeared first on SecurityWeek.
- SecurityWeek Analysis: Over 230 Cybersecurity M&A Deals Announced in First Half of 2022
M&A Tracker · Cyber Insurance
An analysis conducted by SecurityWeek shows that more than 230 cybersecurity-related mergers and acquisitions were announced in the first half of 2022. The post SecurityWeek Analysis: Over 230 Cybersecurity M&A Deals Announced in First Half of 2022 appeared first on SecurityWeek.
- Cyber Insurance Firm Coalition Raises $250 Million at $5 Billion Valuation
Cyber Insurance · Cybersecurity Funding
San Francisco-based cyber insurance company Coalition has raised $250 million in a Series F funding round, at a valuation of $5 billion. The post Cyber Insurance Firm Coalition Raises $250 Million at $5 Billion Valuation appeared first on SecurityWeek.
- Cybersecurity Courses Ramp Up Amid Shortage of Professionals
Cyber Insurance
The pressure was on. Someone, somewhere, was attacking computer systems so customers couldn’t reach certain websites. In a windowless room in Denver, Zack Privette had worked all morning with his security team to figure out what the cyber strangers were up to. The post Cybersecurity Courses Ramp Up Amid Shortage of Professionals appeared first on SecurityWeek.
- Snowflake Launches Cybersecurity Workload to Find Threats Across Massive Data Sets
Cloud Security · Cyber Insurance
Data cloud company Snowflake (NYSE: SNOW) is the latest enterprise technology firm looking to help fuel the massive data lakes that power enterprise security programs. The post Snowflake Launches Cybersecurity Workload to Find Threats Across Massive Data Sets appeared first on SecurityWeek.
- Size of Early Stage Cyber Deals Continues to Surge: DataTribe
Cyber Insurance · Cybersecurity Funding
Early stage cybersecurity deals continue to surge in terms of valuation and round size, and cyber may be more resilient to economic conditions compared to other verticals, cybersecurity venture capital firm and incubator DataTribe said in its latest Insights report. The post Size of Early Stage Cyber Deals Continues to Surge: DataTribe appeared first on SecurityWeek.
- A Chilling Russian Cyber Aim in Ukraine: Digital Dossiers
Cyber Insurance · Cyberwarfare
Russia’s relentless digital assaults on Ukraine may have caused less damage than many anticipated. But most of its hacking is focused on a different goal that gets less attention but has chilling potential consequences: data collection. The post A Chilling Russian Cyber Aim in Ukraine: Digital Dossiers appeared first on SecurityWeek.
- Ransomware Claims Trending Downward, Insurance Firm Says
Cyber Insurance · Cybercrime
The post Ransomware Claims Trending Downward, Insurance Firm Says appeared first on SecurityWeek.
- Silverfort Banks $65 Million for Identity Threat Protection Platform
Cyber Insurance · Cybersecurity Funding
Identity security firm Silverfort on Tuesday announced closing a $65 million Series C funding round that brings the total raised by the company to just over $100 million. The post Silverfort Banks $65 Million for Identity Threat Protection Platform appeared first on SecurityWeek.
- Accounts Deceivable: Email Scam Costliest Type of Cybercrime
Cyber Insurance · Cybercrime
A shopping spree in Beverly Hills, a luxury vacation in Mexico, a bank account that jumped from $299.77 to $1.4 million overnight. The post Accounts Deceivable: Email Scam Costliest Type of Cybercrime appeared first on SecurityWeek.
- Texas Department of Insurance Exposed Data of 1.8 Million People
Application Security · Cyber Insurance
The Texas Department of Insurance recently disclosed a “data security event” that appears to have affected roughly 1.8 million people. The post Texas Department of Insurance Exposed Data of 1.8 Million People appeared first on SecurityWeek.
- Compliance Startup Trustero Emerges From Stealth With $8 Million in Funding
Cyber Insurance · Cybersecurity Funding
Trustero, a Palo Alto, California-based startup offering Compliance-as-a-Service (CaaS) for enterprises, has emerged from stealth mode with $8 million in seed funding. The investment round was led by Zetta Venture Partners, with participation from Engineering Capital and Vertex Ventures. The post Compliance Startup Trustero Emerges From Stealth With $8 Million in Funding appeared first on SecurityWeek.
- Application Security Firm ForAllSecure Raises $21 Million
Application Security · Cyber Insurance
Application security testing firm ForAllSecure this week announced that it has closed a $21 million Series B investment round that brings the total raised by the company to $36 million. The funding round was co-led by Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA). The post Application Security Firm ForAllSecure Raises $21 Million appeared first on SecurityWeek.
- Todyl Banks $28M Series A Investment
Cyber Insurance · Cybersecurity Funding
Security and networking platform start-up Todyl on Thursday announced the closing of a $28 million Series A funding round. The new investment round was led by Anthos Capital with participation from previous investors Blu Ventures, StoneMill Ventures, and Tech Operators. The post Todyl Banks $28M Series A Investment appeared first on SecurityWeek.
- Hackuity Emerges From Stealth With $13 Million in Funding
Cyber Insurance · Cybersecurity Funding
Risk-based vulnerability management platform Hackuity this week emerged from stealth mode with a €12 million (roughly $13.2 million) investment. The Series A funding round was led by Sonae IM and received participation from previous investor Caisse des Dépôts. To date, the company has raised $17.2 million. The post Hackuity Emerges From Stealth With $13 Million in Funding appeared first on SecurityWeek.
- Cyber Insurance Firm Cowbell Raises $100 Million
Cyber Insurance · Cybersecurity Funding
Cyber insurance provider Cowbell Cyber today announced that it has secured $100 million in Series B funding. The post Cyber Insurance Firm Cowbell Raises $100 Million appeared first on SecurityWeek.
- Credentials of 71,000 NVIDIA Employees Leaked Following Cyberattack
Cyber Insurance · Cybercrime
The email addresses and passwords of more than 71,000 NVIDIA employees were likely stolen in a recent cyberattack and are now circulating within underground communities. On February 23, hackers managed to compromise NVIDIA’s network and steal not only employee credentials but also proprietary information. The post Credentials of 71,000 NVIDIA Employees Leaked Following Cyberattack appeared first on SecurityWeek.
- Insurance Broker Aon Investigating Cyber Incident
Cyber Insurance · Cybercrime
Global insurance broker Aon on Monday revealed that it’s investigating a cyber incident impacting some of its systems. The post Insurance Broker Aon Investigating Cyber Incident appeared first on SecurityWeek.
- Cyberattacks Knock Out Sites of Ukrainian Army, Major Banks
Cyber Insurance · Cyberwarfare
A series of cyberattacks on Tuesday knocked the websites of the Ukrainian army, the defense ministry and major banks offline, Ukrainian authorities said, as tensions persisted over the threat of a possible Russian invasion. The post Cyberattacks Knock Out Sites of Ukrainian Army, Major Banks appeared first on SecurityWeek.
- Tripwire for Real War? Cyber’s Fuzzy Rules of Engagement
Cyber Insurance · Cyberwarfare
The post Tripwire for Real War? Cyber’s Fuzzy Rules of Engagement appeared first on SecurityWeek.
- Ransomware Gang Says it Has Hacked 49ers Football Team
Cyber Insurance · Cybercrime
The San Francisco 49ers have been hit by a ransomware attack, with cyber criminals claiming they stole some of the football team’s financial data. The post Ransomware Gang Says it Has Hacked 49ers Football Team appeared first on SecurityWeek.
- Hamas Cyberspies Return With New Malware After Exposure of Operations
Cyber Insurance · Cyberwarfare
A cyberespionage group linked in the past to the Palestinian terrorist organization Hamas took a break after its operations were exposed last summer and returned with new tools and techniques. The post Hamas Cyberspies Return With New Malware After Exposure of Operations appeared first on SecurityWeek.
- SecurityWeek Study: Over 430 Cybersecurity Mergers & Acquisitions Announced in 2021
Cyber Insurance · M&A Tracker
More than 430 cybersecurity-related mergers and acquisitions were announced in 2021, according to a study conducted by SecurityWeek. The post SecurityWeek Study: Over 430 Cybersecurity Mergers & Acquisitions Announced in 2021 appeared first on SecurityWeek.
- Media Giant News Corp Targeted in China-Linked Cyberattack
Cyber Insurance · Cybercrime
Global multimedia giant News Corp on Friday revealed it fell victim to a targeted cyberattack that appears to have been conducted by a “foreign government.” The post Media Giant News Corp Targeted in China-Linked Cyberattack appeared first on SecurityWeek.
- Cybersecurity M&A Roundup: 32 Deals Announced in January 2022
Cyber Insurance · M&A Tracker
More than 30 cybersecurity-related mergers and acquisitions were announced in January 2022. The post Cybersecurity M&A Roundup: 32 Deals Announced in January 2022 appeared first on SecurityWeek.
- Court Awards Merck $1.4B Insurance Claim Over NotPetya Cyberattack
Cyber Insurance
New Jersey court delivers summary judgment against insurance company’s refusal to pay based on war exclusion clause. The post Court Awards Merck $1.4B Insurance Claim Over NotPetya Cyberattack appeared first on SecurityWeek.
- Insurance and Fintech Firm Acrisure Launches Cyber Services Division
Cyber Insurance · Risk Management
The post Insurance and Fintech Firm Acrisure Launches Cyber Services Division appeared first on SecurityWeek.
- Cybersecurity M&A Roundup for January 1-16, 2022
Cyber Insurance · M&A Tracker
Fifteen acquisitions were announced in the first half of January 2022. The post Cybersecurity M&A Roundup for January 1-16, 2022 appeared first on SecurityWeek.
- Cyber Attack in Albuquerque Latest to Target Public Schools
Cyber Insurance · Cybercrime
When the superintendent of Albuquerque Public Schools announced earlier this week a cyber attack would lead to the cancellation of classes for around 75,000 students, he noted that the district’s technology department had been fending off attacks “for the last few weeks.” The post Cyber Attack in Albuquerque Latest to Target Public Schools appeared first on SecurityWeek.
- Saltzer Health Says Patient Data Exposed in Cyberattack
Cyber Insurance · Cybercrime
Intermountain Healthcare-owned Saltzer Health is informing patients that their personal information might have been compromised after an unauthorized party gained access to an employee email account. The post Saltzer Health Says Patient Data Exposed in Cyberattack appeared first on SecurityWeek.
- Cyber Insurance Firm Corvus Expands With Acquisition of UK-Based Tarian
Cyber Insurance · M&A Tracker
Boston-based cyber insurance company Corvus on Tuesday announced the acquisition of UK-based cyber underwriting platform Tarian Underwriting Limited from Beat Capital Partners. Following the acquisition, Tarian will become Corvus Underwriting Limited. Corvus claims it is the first insurtech company to acquire a London underwriting platform. The post Cyber Insurance Firm Corvus Expands With Acquisition of UK-Based Tarian appeared first on SecurityWeek.
- Recent Ransomware Trends Reinforce the Need for Cyber Hygiene, Collaboration
Cyber Insurance · Cybercrime
It’s no secret that ransomware has reached near-epic proportions. We are hearing about ransomware attacks left and right – and those are just the ones we hear about. For every attack that makes the headlines, there are many more that don’t. The post Recent Ransomware Trends Reinforce the Need for Cyber Hygiene, Collaboration appeared first on SecurityWeek.
- Cyber Insurance Firm Resilience Raises $80 Million
Cyber Insurance · Cybersecurity Funding
Cyber insurance and security solutions provider Resilience on Monday announced raising $80 million in a Series C funding round. The post Cyber Insurance Firm Resilience Raises $80 Million appeared first on SecurityWeek.
- Iran’s Mahan Air Says Hit by Cyberattack
Cyber Insurance · Cybercrime
Iran's second-largest airline, Mahan Air, said it had been hit by a cyberattack Sunday, the latest of several targeting the company. "Mahan Air's computer system has suffered a new attack," the company said in a statement. The post Iran’s Mahan Air Says Hit by Cyberattack appeared first on SecurityWeek.
- U.S Banks Required to Report Cyberattacks to Regulators Within 36 Hours
Cyber Insurance · Incident Response
In less than half a year, banks in the United States will be required to notify federal regulators of serious cybersecurity incidents within 36 hours. The post U.S Banks Required to Report Cyberattacks to Regulators Within 36 Hours appeared first on SecurityWeek.
- Cyber Defenders Should Prepare for Holiday Ransomware Attacks
Cyber Insurance · Cybercrime
High days and holidays are prime time for ransomware. This should come as no surprise to anyone – but many companies remain surprisingly unaware or at least unprepared. The post Cyber Defenders Should Prepare for Holiday Ransomware Attacks appeared first on SecurityWeek.
- The Wild West of the Nascent Cyber Insurance Industry
Cyber Insurance · Risk Management
The post The Wild West of the Nascent Cyber Insurance Industry appeared first on SecurityWeek.
- Cybersecurity M&A Roundup: 41 Deals Announced in October 2021
Cyber Insurance · M&A Tracker
The number of cybersecurity-related mergers and acquisitions announced in the past months has remained constant, with 41 deals announced in October 2021. The post Cybersecurity M&A Roundup: 41 Deals Announced in October 2021 appeared first on SecurityWeek.
- Quantum Cybersecurity Provider QuintessenceLabs Raises $18 Million
Cyber Insurance · Cybersecurity Funding
Quantum cybersecurity solutions provider QuintessenceLabs this week announced that it has raised A$25 million (roughly US$18.8 million) in a Series B funding round. To date, the company has raised A$61.4 million (US$45 million). The new funding round was led by Main Sequence and TELUS Ventures, with contributions from InterValley Ventures and Capital Property Group. The post Quantum Cybersecurity Provider QuintessenceLabs Raises $18 Million appeared first on SecurityWeek.
- Customer Data Privacy Provider Skyflow Raises $45 Million
Cyber Insurance · Cybersecurity Funding
Customer data privacy company Skyflow today announced that it has raised $45 million in Series B funding. Over the past 18 months, the company has raised $70 million. The new funding round was led by Insight Partners. Mouro Capital, MS&AD Ventures, Canvas Ventures, Foundation Capital, and Coinbase board member Gokul Rajaram also participated. The post Customer Data Privacy Provider Skyflow Raises $45 Million appeared first on SecurityWeek.
- Cyber Insurance Firm At-Bay Announces $20 Million Series D Extension
Cyber Insurance · Cybersecurity Funding
At-Bay, the cyber insurance company that aims to reduce ransomware risk, this week announced a $20 million extension to its Series D funding round. The post Cyber Insurance Firm At-Bay Announces $20 Million Series D Extension appeared first on SecurityWeek.
- Meeting Backup Requirements for Cyber Insurance Coverage
Cloud Security · Cyber Insurance
Many companies wrongly assume that having backups in the cloud can prevent or reduce the impacts of a ransomware attack The post Meeting Backup Requirements for Cyber Insurance Coverage appeared first on SecurityWeek.
- Cybersecurity M&A Roundup for October 1-10, 2021
Cyber Insurance · M&A Tracker
A total of nine cybersecurity-related acquisitions were announced in the first 10 days of October 2021. The post Cybersecurity M&A Roundup for October 1-10, 2021 appeared first on SecurityWeek.
- Telecoms Giant Syniverse Discloses Years-Long Data Breach
Cyber Insurance · Cybercrime
Syniverse, a company whose connectivity services are used by nearly all mobile carriers in the world, said hackers had access to its information technology (IT) and operational technology (OT) systems for years. The post Telecoms Giant Syniverse Discloses Years-Long Data Breach appeared first on SecurityWeek.