Philadelphia-based Ultimate Risk Services (URS), a leader in cybersecurity and workplace safety solutions, is pleased to announce the onboarding of several forward-thinking insurance agencies to our cutting-edge “Grow Your Agency” program that increase revenues, retention, and differentiation.
Tag: cybersecurity
Ultimate Risk Services to Lead Panel Discussion in Free Webinar on Cybersecurity Trends October 17
Learn about current cybersecurity issues and trends, and gain actionable insights and strategies to navigate the changing cybersecurity landscape. Register for free website on Cybersecurity Trends, Tuesday, October 17, 11:00am-12:00pm EST.
MGM Expects Q3 Profit to Take $100M Hit from Cyberattack
The recent cyberattack that caused many services at MGM Resorts International to be unavailable is expected to reduce its third-quarter profit by $100 million, according to the company’s 8-K filing on Thursday. The negative impact is expected predominantly in its Las Vegas operations but will have a minimal impact during the fourth quarter.
C-Suite Leaders to Boost Cybersecurity Compliance Amid SEC Disclosure Rule: Deloitte
Almost two-thirds of executives at publicly traded companies will strengthen their cybersecurity programs following the new Securities and Exchange Commission rule that requires companies to report material incidents within four business days, according to a Deloitte poll released Tuesday.
Chubb and SentinelOne® Partner to Enhance Cyber Risk Management
Chubb, the world’s largest publicly traded property & casualty insurance company, is collaborating with SentinelOne, a leader in cybersecurity, to streamline cyber risk management practices for U.S. businesses.
Cybersecurity Spending Grows
Cybersecurity budgets have largely been protected from the worst consequences of economic uncertainty, but have hardly been untouched by wider trims to company spending.
NAIC Releases Draft Model Bulletin on Insurers’ Use of AI Systems
The Innovation, Cybersecurity and Technology (H) Committee of the National Association of Insurance Commissioners (NAIC) has recently released a draft model bulletin that outlines regulatory expectations for insurers’ use of artificial intelligence systems (AI Systems).
FCC Chair Proposes $200M Investment to Boost K-12 Cybersecurity
Federal Communications Commission Chairwoman Jessica Rosenworcel announced a proposal Wednesday to invest up to $200 million over three years to boost school and library cybersecurity.
More Clients Are Buying Cyber Insurance
Despite the challenges in the cyber insurance market over the past two years, the percentage of clients buying coverage continued to climb in 2022.
White House Considers Ban on Ransom Payments, With Caveats
The White House and international partners in the fight against ransomware are considering a ban on ransom payments, eyeing a new and complicated means to counter financially motivated threat actors.