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Events, InfoSec World 2020, Security News

Cracking the cyber liability code leads to better insurance coverage

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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…
Coronavirus

SC Media’s complete coverage: Threat and Preparation

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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

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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

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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…
Perspectives

Fill security ops gaps with context-driven threat analysis

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Today’s columnist, Chris Hoff of ReversingLabs, points out that the SolarWinds attack has caused the industry to forget that most breaches are more like the Target hack, where a little-noticed HVAC system was exploited. Hoff says organizations have to start by improving visibility.
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