The latest in cyber security and risk news.

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Wanted: More Data in Cyber Insurance
Cyber Watch | Sep. 14, 2017 | Cyber, cyber attacks, Cyber Insurance, Cybersecurity, Data, data breaches

Despite consistent growth in the cyber insurance industry over the last two years, the industry faces a key underwriting obstacle that could potentially limit growth in the market: data.

Massive Breach Affects 143 Million: Are You At Risk?
Cyber Watch | Sep. 8, 2017 | Cyber, cyber attacks, Cyber Insurance, Cybersecurity, Data, data breaches

Credit reporting firm Equifax announced a massive cybersecurity breach yesterday, compromising sensitive personal and credit information of 143 million American consumers – nearly half the country.

Data Breach Notification Law, Cybersecurity Funding and More
Cyber Watch | Aug. 25, 2017 | Cyber, cyber attacks, Cyber Insurance, Cybersecurity, Data, data breaches, emerging risks

Delaware Gov. John Carney signed legislation amending its data breach notification law, making it more explicative & encompassing. This continues the trend of data security interest & data breach reporting across states.

NAIC Insurance Data Security Model Law Moves Closer to Adoption
Cyber Watch | Aug. 11, 2017 | Cyber, Cybersecurity, Data

The National Association of Insurance Commissioners’ (NAIC) Cybersecurity (Ex) Working Group has finally adopted its long-awaited Insurance Data Security Model Law, paving the way for adoption of the model by the full NAIC membership.

U.S. House Talks Cyber Insurance for SMBs
Cyber Watch | Aug. 4, 2017 | Cyber Insurance, Cybersecurity, Small Business

Small and mid-sized businesses (SMBs) tend to be less concerned about cyber risks when compared to their larger counterparts.

Cyber-Risk Aggregation
Cyber Watch | Jul. 21, 2017 | Cybersecurity

The danger of risk aggregation is nothing new to the insurance industry, but a recent joint report by Lloyd’s of London and cyber risk analytics firm, Cyence, just took the conversation up a notch.

Big Push for Cyber Regulation
Cyber Watch | Jun. 22, 2017 | Cybersecurity

Come August 28, insurance brokerage firms licensed to do business in New York will be required to submit and maintain a written cybersecurity policy, appoint a chief information security officer (CISO) and more.

Artificial Intelligence in Cybersecurity
Cyber Watch | Jun. 16, 2017 | Cybersecurity

Q1’17 was the most active for the cybersecurity space in five years, experiencing increased investment and expanding with multiple companies leveraging the power of AI to provide solutions for today’s cyber threats.

All Eyes On WannaCry
Cyber Watch | May. 25, 2017 | Cybersecurity

The insurance industry has been in the spotlight following the recent global ransomware attack, WannaCry