Michael Phillips, Chief Claims Officer for Resilience and serves as Co-Chair of the Ransomware Task Force, convened by the Institute for Security & Technology to give insider insights on how specialists in the cyber insurance world are adapting to a rapidly evolving landscape.
The development of a set of cybersecurity standards — similar to the generally accepted accounting principles that businesses use for financial information — could go a long way in arming companies with more options when it comes to cybersecurity breaches and make them more likely to report when these events happen, cybersecurity experts say.
Resilience Cyber Insurance Solutions, a provider of insurance coverage and cybersecurity tools for mid-market businesses, has announced several new hires strengthening its underwriting, security, claims, data science, engineering and business operations.
The attack that crippled Colonial Pipeline is just the tip of the iceberg. Many service stations in Washington, D.C., were still without fuel on Saturday after a cyberattack crippled the biggest fuel pipeline in the country.