Vulnerabilities / Threats

4/14/2016
09:20 AM
Connect Directly
Twitter
Twitter
RSS
E-Mail
100%
0%

10 Things Cyber Insurance Won't Cover

Cyber insurance policies come with some important caveats to keep in mind.
Previous
1 of 11
Next

Image Credit: Adobe Stock

Image Credit: Adobe Stock

The cyber insurance market is set to triple in the next several years, with experts from PwC projecting it to reach $7.5 billion by 2020. As more enterprises buy into plans to help mitigate some of the risk from catastrophic data breaches, they need to be mindful that cyber insurance isn't a panacea for IT risk management. It might be useful in helping to pay for the direct losses related to large-scale breaches of customer data--things like breach notification, forensics and even regulatory fines in some cases. However, there are plenty of categories of loss that these policies rarely cover, depending on how they're written. Experts warn enterprise risk managers to work closely with a trusted broker to ensure they get the most coverage possible, and enter these policies with their eyes wide open.

 

Ericka Chickowski specializes in coverage of information technology and business innovation. She has focused on information security for the better part of a decade and regularly writes about the security industry as a contributor to Dark Reading.  View Full Bio

Previous
1 of 11
Next
Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Gary Scott
50%
50%
Gary Scott,
User Rank: Strategist
6/4/2016 | 10:48:13 AM
Cyber Insurance is not for PCI and HIPAA Compliance
insurance companies often miss the subtleties of providing "data breach notification" coverage.  What is known as "cybercoverage," does not cover non compliance with HIPAA and PCI and NIST 800-88 data destruction.
WSJ Report: Facebook Breach the Work of Spammers, Not Nation-State Actors
Curtis Franklin Jr., Senior Editor at Dark Reading,  10/19/2018
6 Reasons Why Employees Violate Security Policies
Ericka Chickowski, Contributing Writer, Dark Reading,  10/16/2018
NC Water Utility Fights Post-Hurricane Ransomware
Kelly Sheridan, Staff Editor, Dark Reading,  10/16/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Flash Poll
The Risk Management Struggle
The Risk Management Struggle
The majority of organizations are struggling to implement a risk-based approach to security even though risk reduction has become the primary metric for measuring the effectiveness of enterprise security strategies. Read the report and get more details today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-10839
PUBLISHED: 2018-10-16
Qemu emulator <= 3.0.0 built with the NE2000 NIC emulation support is vulnerable to an integer overflow, which could lead to buffer overflow issue. It could occur when receiving packets over the network. A user inside guest could use this flaw to crash the Qemu process resulting in DoS.
CVE-2018-13399
PUBLISHED: 2018-10-16
The Microsoft Windows Installer for Atlassian Fisheye and Crucible before version 4.6.1 allows local attackers to escalate privileges because of weak permissions on the installation directory.
CVE-2018-18381
PUBLISHED: 2018-10-16
Z-BlogPHP 1.5.2.1935 (Zero) has a stored XSS Vulnerability in zb_system/function/c_system_admin.php via the Content-Type header during the uploading of image attachments.
CVE-2018-18382
PUBLISHED: 2018-10-16
Advanced HRM 1.6 allows Remote Code Execution via PHP code in a .php file to the user/update-user-avatar URI, which can be accessed through an "Update Profile" "Change Picture" (aka user/edit-profile) action.
CVE-2018-18374
PUBLISHED: 2018-10-16
XSS exists in the MetInfo 6.1.2 admin/index.php page via the anyid parameter.