Threat actors exploit cybersecurity gaps from M&A and software consolidation, Resilience finds
SAN FRANCISCO, CA – August 13, 2024 – Threat actors evolved their tactics in 2024 to take advantage of business and technology consolidation, the leading cyber risk solution company Resilience found in its Midyear 2024 Cyber Risk Report. Increasing M&A and reliance on ubiquitous software vendors created new opportunities for threat actors to unleash widespread […]
Read MoreKillian Brady Name Resilience Chief Underwriting Officer
New York, NY – July 29, 2024– Resilience, the leading cyber risk company, today has appointed Killian Brady as Chief Underwriting Officer. In the role, Brady will direct and oversee all aspects of the underwriting function for Resilience’s growing portfolio of middle market and large enterprise clients across Resilience’s Cyber and Tech E&O portfolio(s). Brady […]
Read MoreResilience Doubles Cyber Insurance Limits to $20 Million Through Partnership with Lloyd’s Insurance Facility
SAN FRANCISCO, CA, July 1, 2024 – Resilience, the leading cyber risk solution company, has doubled the cyber insurance limits it can offer to clients in the US to $20 million per client. This announcement follows the launch of new features and capabilities that enable enterprises to continuously manage the mitigation and transfer of cyber […]
Read MoreResilience Named Cyber MGA of the Year in 2024 Zywave Cyber Risk Awards
SAN FRANCISCO, CA, June 17, 2024 – Resilience, the leading cyber risk solutions company, has been voted Cyber MGA of the Year in the 2024 Zywave Cyber Risk Awards. Now in their 11th year, the Cyber Risk Awards honor individuals and companies at the forefront of the cyber risk industry. More than 10,000 votes were […]
Read MoreResilience Launches Technology Errors & Omissions Coverage
Resilience, a leading cyber risk management firm, today announced its launch of Technology Errors & Omissions (E&O) coverage for U.S. organizations with $300M–$10B in revenue. With $10M in limits available for both primary and excess placements, the E&O addition to Resilience’s existing cyber insurance offering is poised to further help clients mitigate and cover liability arising from technology products […]
Read MoreResilience Acquires BreachQuest to Combat Rise of Business Email Compromise
Resilience, a leading cyber risk management firm, has strategically expanded its capabilities through the acquisition of BreachQuest, an innovative incident response technology solution. This move is set against the backdrop of an evolving digital workspace and cloud-based productivity applications, highlighting the critical challenge of securing these environments amidst escalating risks. The integration aims to bolster […]
Read MoreResilience Expands Solution to Global Clients with $10 Billion in Revenue
Resilience, a leading cyber risk management provider, has expanded its underwriting authority to serve large global companies with up to $10 billion in annual revenues. The expanded authorities come after a strong year of growth while achieving an industry-leading loss ratio reflecting the success in defending clients from costly cyber incidents. Through 2023, fewer than […]
Read MoreResilience Names Rich Seiersen as Industry’s First Chief Cyber Resilience Officer
Resilience today announced the appointment of Rich Seiersen, previously Chief Risk Officer, to the role of Chief Cyber Resilience Officer (CCRO). The CCRO is an entirely new leadership position dedicated to aligning business objectives and risk management practices, and one we believe will become widespread in all organizations as they work to build true cyber […]
Read MoreResilience Midyear 2023 Claims Report
SAN FRANCISCO, CA, October 17, 2023 – Ransomware is entering a new era, as cybercriminals have begun shifting their tactics to bypass security controls by hitting critical vendors and seeking larger targets for extortions, Resilience found in its Midyear 2023 Claims Report. Among the key findings: Cybercriminals are returning to “big-game hunting.” Attackers are focusing […]
Read MoreResilience to Provide up to £10MM in Cyber Insurance Coverage in the UK and Europe
SAN FRANCISCO, CA, October 4th, 2023 – Cyber risk solution provider Resilience announced today an expansion of its underwriting capacity limits to £10 million for insureds in the United Kingdom and European Union. This increase in capacity is made possible through a partnership with RSA Insurance and R&Q Accredited. This additional capacity adds to the […]
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