Florida's largest power company is preparing for this year's hurricane season by pretending a major storm...
Ransomware a Growing Cyber Risk for US Corporates, Financials, Govt
The frequency, severity and sophistication of ransomware attacks in the U.S. rose dramatically in 2021...
The frequency, severity and sophistication of ransomware attacks in the U.S. rose dramatically in 2021...
Article / 2 years ago
War, Stagflation Risks to Financial Institutions Are Concentrated in Emerging Markets
The risks to global financial institutions’ (FI) credit profiles from a stagflation scenario associated with the Russia-Ukraine war are concentrated...
The risks to global financial institutions’ (FI) credit profiles from a stagflation scenario associated with the Russia-Ukraine war are concentrated...
Article / 2 years ago
Mitigation Efforts Won't Stop Cyber Damage and Related Rate Hikes in 2022 - Carrier Management
As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a nuisance in 2022...
As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a nuisance in 2022...
Article / 2 years ago
Improved Regulation Could Moderate Stablecoin Credit Risks
Greater regulatory certainty over the status of stablecoins and their issuers could create market opportunities, as regulatory risk has deterred many financial institutions from engaging...
Greater regulatory certainty over the status of stablecoins and their issuers could create market opportunities, as regulatory risk has deterred many financial institutions from engaging...
Article / 2 years ago
Global Bank Cyber Risk Coordination a Positive for Risk Mitigation
The growing coordination of global banking regulators to address cyber risk, specifically large systemic attacks, is a credit positive...
The growing coordination of global banking regulators to address cyber risk, specifically large systemic attacks, is a credit positive...
Article / 2 years ago
Assessing Cyber Risk at Banks and Insurance Companies
Shelly Shetty, Managing Director, Sovereigns, and Marjan van der Weijden, Global Head of Financial Institutions, explore how cyber risk can be assessed...
Shelly Shetty, Managing Director, Sovereigns, and Marjan van der Weijden, Global Head of Financial Institutions, explore how cyber risk can be assessed...
Article / 3 years ago
Fitch Ratings Analyzes Global Insurers Cyber Risk
The latest report from Fitch Ratings uses SecurityScorecard’s (SSC) grading platform to analyze the cybersecurity...
The latest report from Fitch Ratings uses SecurityScorecard’s (SSC) grading platform to analyze the cybersecurity...
Article / 3 years ago
Federal Support Positive Step for State, Local Gov. Cybersecurity
The $1 trillion bipartisan Infrastructure Investment and Jobs (INVEST) Act, which passed the Senate on August 10, includes...
The $1 trillion bipartisan Infrastructure Investment and Jobs (INVEST) Act, which passed the Senate on August 10, includes...
Article / 3 years ago
Relentless Cyber Attacks to Pressure NFP Hospitals’ Operations
Ever-increasing cyberattacks on the US public healthcare sector will place material revenue and expense pressures on not-for-profit...
Ever-increasing cyberattacks on the US public healthcare sector will place material revenue and expense pressures on not-for-profit...
Article / 3 years ago
Cloudstar Ransomware Highlights Multiple Issuer Exposure Potential
On July 18, Cloudstar, a provider of IT security solutions and cloud hosting services to the U.S. title industry, stated...
On July 18, Cloudstar, a provider of IT security solutions and cloud hosting services to the U.S. title industry, stated...
Article / 3 years ago