Tag : ransomware

The Evolution of Cyber Insurance in 2021 Through the Lens of expert.ai's AI
Artificial Intelligence InsurTech News

The Evolution of Cyber Insurance in 2021 Through the Lens of expert.ai’s AI

Fintech News Desk
by Fintech News Desk0
Expert.ai Conducts Deep Content Analysis of Insurance Media Coverage to Deliver Actionable Insights on Market Sentiment, Risk Struggles and Cyber Resiliency Expert.ai, the premier artificial intelligence (AI) platform for language understanding, released a new Expert IQ Report, “How Cyber Insurance Has Evolved in 2021.” The report provides insurers with insight......
FDITECH's Tech Sprint will Showcase New Capabilities to Tackle Ransomware on the US Soil
Big Data Blockchain Featured Risk Management Security

FDITECH’s Tech Sprint will Showcase New Capabilities to Tackle Ransomware on the US Soil

Sudipto Ghosh
by Sudipto Ghosh0
Last week, FDIC’s fintech research and innovation lab, FDITECH announced its tech sprint evaluating the most pertinent challenges and dangers associated with the current fintech environment. As part of FDITECH’s tech sprint, FDIC intends to invite participants from the fintech industry who can identify and mitigate complex issues in the......
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
by Sudipto Ghosh0
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

Fintech News Desk
by Fintech News Desk0
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
by Isabelle Dumont0
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......
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