GAO conducted a study on the cyber insurance market to identify key trends/challenges and presented their findings for all to view.
A recent ransomware attack halted Colonial pipeline, forced a $4.4mil ransom, and left ½ of America in a gas crisis. Most companies are equally at risk.
DarkSide announced their RaaS franchise model, inviting partners and affiliates to work with them anonymously.
Both NFA and FINRA have recently issued warnings to registrants to be on the lookout for fake e-mails appearing to be from the two organizations.
In report recently issued by insurance giant AON, policyholders can expect 20% to 50% rate increases for cyber coverage throughout 2021 much of it driven by ransomware events.