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Events, InfoSec World 2020, Security News

Cracking the cyber liability code leads to better insurance coverage

The cyber insurance market continues to evolve and mature with coverage enhancements, along with an abundance of carriers. With so many carriers entering the market, it’s more important than ever for companies to take their time and read the fine print. In their session Tuesday at InfoSec World 2020, “Cracking the Cyber Liability Code,” two…

SC Media’s complete coverage: Threat and Preparation

The novel coronavirus is challenging organizations on all fronts. Leaders must contend not only with cyberattackers leveraging COVID-19, but also employee, customer and partner concerns, and business continuity and risk management planning. Visit this page for ongoing updates to coverage from SC Media and other CyberRisk Alliance affiliates — including news analysis, business guidance and insights…
target, data breach
Data Breach, Legal, Security News

Target files $74 million suit against Chubb over breach coverage

The Target has filed a lawsuit against Chubb with the retailer claiming the insurance carrier did not properly compensate it for costs incurred following the 2013 data breach. In the lawsuit Target said the requirement for its banks to replace its customers physical payment cards that were compromised “Constitutes ‘loss of use of tangible property…
Corporate News, Security News

Zurich rolls out cyber insurance coverage for manufacturers

Zurich Insurance has rolled out a new industry specific endoresements to its cyber insurance policies to provide coverage for manufacturers. This additional coverage was created due to the increased cyberthreat these companies are now under and the fact that many manufacturers, particularly mid-sized firms, are unaware and possibly less prepared to deal with, the risks…
Featured, Ransomware, Security News

C-suites adapt to ransomware as a cost of doing business

Tangible impacts to corporate earnings, combined with the multi-million dollar ransom payouts by Colonial Pipeline and JBS, demonstrate a reality that more and more in the cybersecurity community are beginning to acknowledge: Ransomware is emerging as a cost of doing business, grabbing the attention not just of security leaders, but the entire C-suite, boards, and even Wall Street investors.
Featured, Security News, Women in IT Security

2021 Women in IT Security: Call for nominations

SC Media is pleased to announce that we are accepting nominations for our Women in IT Security program, now in its eighth year, honoring those that demonstrate through their own expertise, commitment, influence and resilience the power of gender diversity across the cybersecurity community.
Ransomware, Security News

Three takeaways from the Colonial Pipeline attack

Some saw Colonial Pipeline as a typical ransomware attack, albeit on a vulnerable target. Others saw this as reflective of weaknesses in the security posture of the nation’s critical infrastructure. And others felt the incident showcased inadequacies in the existing framework for public-private partnership. Here we offer a rundown of some notable characteristics and outcomes.
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