Cyber attacks

The best three states had an average of 389 cyberattacks per 100,000 people in the five-year period from 2018-2022.

Increased cyberattack risks due to Gen AI is convincing many types of commercial enterprises to get cybersecurity insurance coverage.

The worst three states had an average of 1,287 cyberattacks per 100,000 people in the five-year period from 2018-2022.

Most of the legal filings accuse the title insurer and its subsidiary, LoanCare, of failing to protect the personal identifiable information of customers.

In a connected world, cyber risks abound and understanding how to identify and mitigate them is vital to safeguarding online interactions.

DevSecOps allows organizations to proactively address cyber threats.

Digital Insurance reached out to insurance professionals about cyber risk trends.

Pan American Life Insurance found unauthorized third-parties took files that included personal information.

Cyber insurance can provide peace of mind and affect customer acquisition and retention.

Insurance carriers are potential targets for cybersecurity incidents but organizations look to them for best practices.

Digital Insurance asked ChatGPT what areas insurance carriers should prioritize related to cybersecurity.

While ransomware group Alphv/Blackcat claims to have orchestrated the incident, title insurance company Fidelity National Financial has not yet stated whether confidential data was compromised.

A cyberattack at 12 MGM Resorts became a textbook case for cyber liability insurance.

The cost of a data breach has risen 15% over the last 3 years, and ransomware costs have jumped 13% in the last year.

The insurer detected unusual activity in the network last week.

Artificial intelligence is providing insurers with the tools they need to accurately model cyberattack scenarios and develop more precise risk assessments.

The "Active Cyber Risk Model," would give insurers an overview of their potential losses as a way to better target sales of their policies.

The cyber insurance market is primed for growth

A standalone cyber policy is now a must-have for more and more small businesses, and even large enterprises.

Hacks of banks, credit unions and insurance companies compromised the data of millions of consumers, who filed a flurry of class actions in response.