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The U.S. saw 43% of global ransomware attacks from July 2022-June 2023, according to Malwarebytes.

Ransomware claims increased 38% between Q4 2022-Q1 2023, according to Aon.

The coverage provisions in the policy were not at issue. The case turned solely on the application of the 'hostile' or 'warlike' exclusion.

Discover how both D&O and cyber policies can offer enhanced protection for your CISO.

The Maryland Insurance Administration offers recovery tips in the wake of the massive MOVEit data breach, which has affected more than 1 million people.

The legislation adopts a national model for insurer cybersecurity mandating that insurance entities implement new cybersecurity protections to better safeguard nonpublic information from nefarious threat actors.

These stealthy, sophisticated security gaps can have devastating consequences for insurers, vendors, partners and policyholders.

In addition to directly impacting trade secrets protections, the changes could trigger D&O policies.