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Cyber Insurance

Montefiore Medical Center settles HIPAA violation allegations with $4.75 million penalty
09 Feb 2024

Montefiore Medical Center settles HIPAA violation allegations with $4.75 million penalty

The Department of Health and Human Services (HHS) Office for Civil Rights (OCR) has imposed its first financial penalty of the year, with Montefiore Medical Center agreeing to settle alleged violations of the Health Insurance Portability and Accountability Act (HIPAA) by paying a $4.75 million penalty.
Improving your organisation’s cyber-insurance profile

Improving your organisation’s cyber-insurance profile

12 Jan 2024
In an evolving landscape of cyber-insurance, operational resilience is not complete without robust cyber-resilience measures
Security check: how insurers become auditors of your cyber-security

Security check: how insurers become auditors of your cyber-security

09 Jan 2024
Cyber-insurance companies must enhance transparency in pricing, providing clarity on which cyber-security factors impact premiums the most
How can cyber-insurance benefit organisations?

How can cyber-insurance benefit organisations?

16 Nov 2023
Cyber-insurance can cover financial losses from a breach. It can also provide an opportunity to understand an organisation’s vulnerabilities
Cyber-insurance: from risk to resilience

Cyber-insurance: from risk to resilience

14 Nov 2023
The core principle of cyber-insurance remains unchanged: robust cyber-security measures are indispensable for securing adequate coverage
Cyber insurance rates drop 10% in June
05 Jul 2023

Cyber insurance rates drop 10% in June

Cyber insurance rates dropped around 10% in June compared with a year earlier, reversing recent sharp rate rises, as claims proved smaller than expected, broker Howden said in a report on Wednesday.
Australian private insurer Medibank told to set aside £131m to strengthen security systems

Australian private insurer Medibank told to set aside £131m to strengthen security systems

30 Jun 2023
Australia’s largest private health insurance provider Medibank Private has been asked by the banking regulator to set aside A$250 million (£131.2 million) in extra capital to identify weaknesses in its information security after it suffered a significant breach last year.
Cyber-insurance: What’s limiting business uptake in the UK?

Cyber-insurance: What’s limiting business uptake in the UK?

24 Apr 2023
Cost is an issue for cyber-insurance, but this is a new and complex area but it’s key to assert the value of insuring against cyber-incidents
Taking cyber insurance to the C-suite

Taking cyber insurance to the C-suite

15 Mar 2023
Cyber insurance in non-negotiable and making the wrong decisions about it can have catastrophic effects
Tackling the cybersecurity oxymoron

Tackling the cybersecurity oxymoron

08 Mar 2023
The cyber-threat will never disappear, and product vendors must be accountable for the protection of their customers

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