How Government Institutions Can Manage Cyber Insurance Increases
How Government Institutions Can Manage Cyber Insurance Increases Growing trends and recent news have shocked the cyber insurance system. With cost and coverage changes, government institutions are simply seeking to attain reasonably affordable cyber insurance. This blog summarizes a spirited debate amongst subject matter experts on the topic in January 2023. Contributors include a former .gov […]
Cyber Insurance Requiring MFA *Everywhere*
Cyber Insurance Requiring MFA Everywhere Cyber insurance providers are tightening their requirements for Multifactor Authentication. For starters, they are being more verbose about the systems and services on which MFA is enabled. They’re making what had been a very broad question into a set of discrete questions. Essentially, what was “Do you have MFA enabled?” […]
Cyber Insurance and Legal Advice
Cyber Insurance and Legal Advice Cyber insurance rates rose drastically in 2021, driven by the spike in frequency and payouts of ransomware claims. Many insurers tightened coverage terms and conditions while raising premiums 130% in the US in Q4 on average (Marsh). To assess the trends and prepare for upcoming renewals, eGroup | Enabling Technologies […]
