All articles tagged with #cyber insurance
Jaguar Land Rover did not secure a cyber insurance deal before a recent incident that disrupted its production, according to sources, highlighting potential vulnerabilities in its cybersecurity risk management.
Jaguar Land Rover did not secure a cyber insurance deal before a production halt caused by a cybersecurity incident, according to sources, highlighting potential vulnerabilities in their risk management.
Former spies have founded fintech startups Coalition and At-Bay, which are revolutionizing the $11 billion cyber insurance market by using cutting-edge techniques to protect companies against hackers. These startups actively scan potential customers' systems for vulnerabilities and provide security upgrades or refuse coverage based on their findings. Their vigilance and tech-first approach have allowed them to charge lower premiums, win the favor of insurance brokers, and gain a foothold in the market. Despite the rapid growth of cyber insurance, sustainability concerns remain due to the rapidly changing nature of hacking schemes and the potential for catastrophic events causing significant damage.