phishing attack

Texas Court Backs Phishing Attack Insurance Claim

Are insurance companies bound to pay claims for phishing attacks resulting in third-party losses? RealPage, a Texas-based company, operated a rent-servicing portal whereby renters could pay their rent and landlords could get ...
Security Boulevard
Cybersecurity insurance firm Chubb investigates its own ransomware attack

Cybersecurity insurance firm Chubb investigates its own ransomware attack

A notorious ransomware gang claims to have successfully compromised the infrastructure… of a company selling cyberinsurance. The Maze ransomware group says it has encrypted data belonging to Chubb, which claims to be ...
cyber insurance

California Proposal for Mandatory Cyber Insurance

Will California’s bill to force cyber insurance be a harbinger for the rest of the U.S.? On Feb. 15, California Assemblyman Ed Chau, representing the Western San Gabriel Valley (near President Nixon’s ...
Security Boulevard
social good

UK Warns Insurers About Cyber Risks

Do you have cyber risk insurance? Are you sure? If the answer to that question is uncertain (and it should be uncertain), then there’s a huge, uncalculated risk. Not just to you, ...
Security Boulevard
compliance spending

When Scams Collide: E-Mail Fraud and Insurance

Should insurance companies be on the hook to cover losses for cyberfraud? If you are the victim of a business email compromise (BEC) and are induced to wire-transfer a client’s funds to ...
Security Boulevard
cyber insurance

Companies Hit By Iranian Cyberattacks May Not Have Insurance Coverage

Surprise! Your cyber-risk insurance may not cover losses resulting from cyberwar. Here are some tips to help ensure you’re getting your money’s worth. With the prospect of a cyberwar with the Islamic ...
Security Boulevard
Black Hat USA 2019

Black Hat USA 2019, Matt Prevost’s ‘How Do Cyber Insurers View The World?’

Thanks to Black Hat for publishing the Black Hat 2019 tremendous conference videos on their YouTube Channel Permalink ...
SMB cybersecurity

Tips to Strengthen SMBs’ Cybersecurity Approach

There typically has been little attention paid to SMB cybersecurity, making those companies prime targets for cybercriminals. Why would hackers try to extort hundreds of thousands of dollars from smaller firms, when ...
Security Boulevard

Are Ransom Payments Supporting Terrorists?

Organizations, particularly those that recognize that they don’t have essential security and data recovery measures in place, have taken out cyber insurance, which they are regularly using to pay off ransomware attackers ...
Insurance Loophole the Newest Threat Vector

Is the Insurance Loophole the Newest Threat Vector?

Is cyber insurance worth the money, and should organizations rely on it as a line of defense? Being a Seattle resident, I occasionally find myself in some interesting “what if” conversations about ...
Security Boulevard