Dashlane and Chubb Announce Global Partnership

AT&T data breach impacts 73 million

Today, Dashlane announced a partnership expansion with Chubb, the world’s largest publicly traded property and casualty insurance company. Building on a successful North American partnership, Chubb cyber business policyholders in Europe will now receive a complimentary Dashlane Premium license as part of their policy benefits, with other regions available soon. The innovative partnership is part… Continue reading Dashlane and Chubb Announce Global Partnership

QBE Ventures and Zeguro Partner to Tackle Cyber Risk for SMEs

Cyberattacks pose risk to creditworthiness

QBE Insurance Group’s (QBE) small and medium sized business customers could soon benefit from a virtual ‘Cybersecurity Officer’, thanks to a new partnership between the global insurer and emerging cybersecurity management leader, Zeguro. Zeguro is an easy to use, online platform which enables users to automate their cybersecurity processes, detect for and manage any cyber… Continue reading QBE Ventures and Zeguro Partner to Tackle Cyber Risk for SMEs

Senate Draft Bill Calls for Prison Time, Hefty Fines for Data Privacy Violations by Execs

Cyberattacks pose risk to creditworthiness

A senior Democratic U.S. senator on Thursday unveiled draft legislation that would allow hefty fines and as much as 20-year prison terms for executives who violate privacy and cybersecurity standards.   Senator Ron Wyden released a draft of legislation that would grant the Federal Trade Commission authority to write privacy regulations. The measure would also… Continue reading Senate Draft Bill Calls for Prison Time, Hefty Fines for Data Privacy Violations by Execs

SEC Uses “New” Cyber Enforcement Tool, Calls Out Board’s Role

Digital security concept

The U.S. Securities & Exchange Commission has issued a stern warning to every financial firm and board of directors under its watchful eye: get your cybersecurity programs in shape or face the consequences. And it’s doubtful the SEC’s admonition is limited to the financial sector. In a cease and desist order against Voya Financial Advisors,… Continue reading SEC Uses “New” Cyber Enforcement Tool, Calls Out Board’s Role

AXA XL Launches Cyber Insurance for Small & Mid-Size Businesses on Slice ICS

Human error and cyber attacks

Slice Labs Inc., a leading on-demand insurance cloud provider, and AXA XL, a division of AXA, today launched a new cyber insurance policy specifically designed for small and midsize businesses (SMBs). Powered by Slice’s Insurance Cloud Services (ICS) platform, AXA XL’s cyber insurance solution provides U.S. small and medium sized businesses with comprehensive cyber insurance… Continue reading AXA XL Launches Cyber Insurance for Small & Mid-Size Businesses on Slice ICS

FDA Issues ‘Playbook’ to Providers for Medical Device Cybersecurity

Gynecologist prepares for surgery in operating room, Ultrasound medical device

The Food and Drug Administration on Monday announced the launch of a preparedness and response “playbook” for healthcare delivery organizations to address threats to medical device cybersecurity. The document, developed by MITRE Corp. under contract with the FDA, provides a framework for providers to plan for and respond to cyber incidents involving medical devices as… Continue reading FDA Issues ‘Playbook’ to Providers for Medical Device Cybersecurity

FDA Planning to Require Cybersecurity Checks in Medical Device Submissions

Gynecologist prepares for surgery in operating room, Ultrasound medical device

While the FDA has addressed threats to networked medical devices through its guidance and product evaluations, the agency should take more steps to fully integrate cybersecurity into its premarket reviews, according to an HHS report. The HHS inspector general’s office recommended the FDA and manufacturers use presubmission meetings to better address cybersecurity-related questions, and that… Continue reading FDA Planning to Require Cybersecurity Checks in Medical Device Submissions

Over 60% of Insurance Experts Expect Higher Cyber-Related Losses Over Next 12 Months

Human error and cyber attacks

Insurance companies are expecting increased cyber-related losses across all business lines over the next 12-months, driven by increasing reliance on technology and high-profile cyber-attacks, according to the annual Silent Cyber Risk Outlook global survey from Willis Re, the reinsurance division of leading global advisory, broking and solutions company Willis Towers Watson. The survey reveals that… Continue reading Over 60% of Insurance Experts Expect Higher Cyber-Related Losses Over Next 12 Months

Uncertainty is Widespread Across Companies Over Who Takes the Lead on Cyber: WTW

High angle shot of a hacker cracking a computer code in the dark

A majority of executives around the world feel they face a “specialist-generalist” dilemma as to whom leads on cyber resiliency due to its critical nature across the company, but also the recognition that specialization is necessary. This is according to the results of a global survey conducted by The Economist Intelligence Unit (EIU) and sponsored… Continue reading Uncertainty is Widespread Across Companies Over Who Takes the Lead on Cyber: WTW

Allstate Accelerates Expansion into Identity Protection with Acquisition of InfoArmor

Data protection and security important information in your mobile phone, Woman hand using smartphone and icon key on shield

The Allstate Corporation has agreed to acquire InfoArmor, Inc., a leading provider of employee identity protection to more than 1 million employees and their family members at over 1,400 firms, including more than 100 of the Fortune 500 companies. The privately held company, headquartered in Scottsdale, Arizona, will be purchased for $525 million in an… Continue reading Allstate Accelerates Expansion into Identity Protection with Acquisition of InfoArmor