Cyber Risk Underwriters

Jeffrey Smith

Beyond Antivirus & Firewalls: Easy & Cost-Effective SME Cyber Security Solutions Agents Need To Know

Unlike traditional business risks such as fire and workers’ compensation, the cyber risk landscape continues to evolve. As with any relationship, agents must first establish trust and address risks honestly, educate and provide practical and usable recommendations to insured’s to minimize risk. To do so, agents must expand information security knowledge. Those who don’t, risk …

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2019 Podcast: Cyber Insurance for CISO’s

Collective Intelligence Podcast, Cyber Insurance for CISOs Cyber insurance and software liability have been hovering over the security industry for the better part of two decades but have decidedly failed to kick down the door and become mainstream. That dynamic may be changing, however. A short track of talks were held last week during the …

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Hack Yourself First: Trends in Cyber Insurance for Small to Medium Enterprise

Tech-based cyber risk solutions combined with insurance coverage improvements help agents improve close ratios. Almost six in 10 small and medium-size enterprises (SMEs) do not purchase any type of cyber insurance. Only 33% purchase stand-alone coverage.   Less than 15% of SMEs are trust currently used cyber defenses to detect and respond to cyber-attacks with two-thirds …

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Why Mid-Market Healthcare Providers Need Stand-Alone Cyber Cover

Cyber Insurance: Mid-Market Healthcare Providers: Endpoints, Medjacking, Security Budgets & HIPAA An attack surface is the sum of all the endpoints of entry that an attacker can breach your environment. In a healthcare setting, endpoints go well beyond workstations, laptops, PDA’s and cell phones to include digital medical devices and software. “Medjacking” is the hijacking of …

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Hey Retail Agents! Does your cyber insurance connection offer a de facto super ninja on all things cyber?

Unlike other cyber MGA’s and wholesalers, we don’t look to old insurance guys for strategic direction.  We got industry leading ethical hackers to help you close deals. Check out our Jeremiah Grossman discussing extortion, cyber insurance, and cyber security guarantees…and in terms your clients can understand.      

RAND on Cyber Insurance Pricing…”in some cases the carrier would appear to guess..”

So we just finished reading a very deep dive by Rand called “Content Analysis of Cyber Insurance Policies:  How do carriers write policies and price cyber risk?”  The depth of the analysis is significant including discussion of pricing “boxes”, increased limits factors, and security factor weighting.  When all was said and done, our favorite excerpts …

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Negligent employees are no. 1 cause of cybersecurity breaches at small to middle market enterprises.

Careless workers and poor passwords have led to a rise in ransomware attacks and other breaches on SMBs, which cost an average of $1 million. Negligent employees are the no. 1 cause of data breaches at small and medium-sized businesses (SMBs) across North America and the UK, according to a new study from Keeper Security and the …

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Security Guru Adrian Sanabria on Equifax Breach: “Should We Be Surprised?”

Just the facts Equifax announced yesterday, September 7, 2017, that it experienced a cybersecurity incident. Equifax is one of the “big three” US credit bureaus, along with Experian and TransUnion. They lost data belonging to 143 million Americans, which sounds like a lot, because it is. That’s 57% of the adult US population. Additionally, the company says payment information …

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