Cowbell, the leading provider of cyber insurance for small and medium-sized businesses (SMEs), announced today the release of its Connector for Google Workspace.
Tag: Cyber
Cybercriminals Return After Getting Ransomware Payments
More than a third (36%) of companies that paid a ransom were later targeted by cyber criminals a second time.
U.S. Banks Processed About $1.2B in Ransomware Payments in 2021
U.S. banks and financial institutions processed roughly $1.2 billion in likely ransomware payments in 2021.
Increased Ransomware Attacks, Global Threats Tempering Executive Confidence in Cyber Preparedness
The toll of almost three years of unrelenting workplace disruption, digital transformation and ransomware attacks means most leaders are no more confident in their ability to manage cyber risk than they were two years ago. This is according to a new report published today by Marsh, the world’s leading insurance broker and risk advisor, and… Continue reading Increased Ransomware Attacks, Global Threats Tempering Executive Confidence in Cyber Preparedness
Brit Combines Ambridge and BGSU to Create Leading U.S. MGA
Brit Ltd announced that it will be bringing together it’s US service company platform, Brit Global Specialty USA (“BGSU”), and its premier MGA, Ambridge. The combined entity, which will operate under the Ambridge brand as Ambridge Partners LLC, will create an MGA managing in excess of $450 million in premium in the U.S. and over… Continue reading Brit Combines Ambridge and BGSU to Create Leading U.S. MGA
Major Risks of Our Time: Pandemics, Climate Change, Cyber
The coronavirus pandemic has shown the world how vulnerable it is to very large risks. Trillions in financial losses ought to be a wake-up call for economies to better equip themselves for extreme risks of this nature. We therefore must not lose sight of major threat scenarios such as cyber and climate change because their… Continue reading Major Risks of Our Time: Pandemics, Climate Change, Cyber
The Hanover Announces Enhanced Protection for Technology Clients
The Hanover Insurance Group, Inc. today announced the launch of Hanover Technology Professional and Cyber Advantage, an integrated and broad errors and omissions, cyber, and risk management solution for technology businesses. Designed to help address the complex and evolving risks facing technology companies, this flexible coverage solution can be customized to meet the needs of… Continue reading The Hanover Announces Enhanced Protection for Technology Clients
Smaller Medical Providers Get Burned by Ransomware
Andy Fitzgerald, chief executive of a community health system in Wyoming, was visiting his son in Georgia last month when he received a distressing text message from his chief operating officer: Their company had been hit by a cyberattack. Hackers had locked up sensitive patient information and medical devices at Campbell County Health and demanded… Continue reading Smaller Medical Providers Get Burned by Ransomware
Moody’s, Israel’s Team8 to Create Cyber Risk Index for Businesses
Ratings agency Moody’s Corp and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses are to cyber attacks and create what they hope will become a global benchmark. Cyber attacks are in focus after a virus from Ukraine spread around the globe in 2017, crippling thousands of computers, disrupting… Continue reading Moody’s, Israel’s Team8 to Create Cyber Risk Index for Businesses
Google Exposed User Data, Feared Repercussions of Disclosing to Public
Google exposed the private data of hundreds of thousands of users of the Google+ social network and then opted not to disclose the issue this past spring, in part because of fears that doing so would draw regulatory scrutiny and cause reputational damage, according to people briefed on the incident and documents reviewed by The… Continue reading Google Exposed User Data, Feared Repercussions of Disclosing to Public