by Kelli Young | Sep 16, 2024 | Cyber Liability Insurance
When cyber incidents strike, organizations need to respond swiftly and effectively to limit related losses. As such, it’s crucial for organizations to adopt detailed cyber incident response plans. These plans should outline specific steps organizations can take to...
by Kelli Young | Sep 9, 2024 | Cyber Liability Insurance
In February 2024, hackers initiated a cyberattack against Change Healthcare, a leading health claims processing provider in North America that processes approximately 15 billion health care transactions annually. The attack created widespread disruption of health care...
by Kelli Young | Aug 12, 2024 | Cyber Liability Insurance
As the use of artificial intelligence (AI) and machine learning (ML) continues to grow, businesses that utilize these technologies must also be aware of the attack methods cybercriminals use to target them. One such attack that hackers employ is data poisoning—when a...
by Kelli Young | Jul 29, 2024 | Cyber Liability Insurance
Businesses of all sizes are susceptible to cyberattacks such as phishing scams, malware attacks and ransomware schemes, which can create significant financial loss and lead to major reputational damage. Therefore, businesses need to take measures to mitigate cyber...
by Kelli Young | Jul 22, 2024 | Case Study, Cyber Liability Insurance
In the spring of 2021, hackers initiated a ransomware attack against Colonial Pipeline— the largest refined oil products pipeline in the United States. This pipeline transports over 100 million gallons of fuel daily within a system extending from Houston, Texas, to...
by Kelli Young | Jul 8, 2024 | Cyber Liability Insurance
Cloud computing refers to a pay-per-use service that equips users with on-demand access to a range of IT resources (e.g., databases, software, servers, networking and analytics tools, and artificial intelligence applications) via the internet. By understanding cloud...
