Tag : ransomware

Data Exfiltration Extortion Reaches Highest Inflection Point
Big Data Featured Security

Data Exfiltration Extortion Reaches Highest Inflection Point; Globally Companies Lost $80 Billion+ to Ransomware

Sudipto Ghosh
Companies are losing billions of dollars to Data Exfiltration Extortion and ransomware attacks. Fintech industry is one of the hardest-hit. Over the past few months, we have witnessed some of the biggest cyber extortions arising from ransomware and data exfiltration, both inflicting severe damage to key markets, including fintech, IT......
Cowbell Cyber Reaches 32M Small Businesses with Expansion of Innovative Cyber Insurance Offering into Texas
Artificial Intelligence Business Fintech InsurTech Investment Services News

Cowbell Cyber Now Delivers Admitted, Standalone Cyber Insurance In 31 States

FTS News Desk
Cowbell Cyber, the industry’s first AI-powered cyber insurance provider for small to mid-sized businesses (SMBs), today announced its standalone, admitted cyber insurance program – Cowbell Prime – is now available in 31 states. Read More:  insightsoftware Announces Intent to Acquire IDL Group These states now benefit from Cowbell’s unique approach to cyber......
Fintech Guest Posts InsurTech

The Future of Cyber Insurance: Flexibility, Transparency & Specialization

Isabelle Dumont
Cyber insurance – a term we’re getting used to seeing more and more these days but I’d argue there remains a general sense of anxiety associated with it. In fact, according to Advisen’s 2020 Cyber Insurance Market’ View survey, the three main identified obstacles to cyber insurance adoption are “not......