Cybersecurity insurance

Legal experts offer perspectives on who will be held liable in CrowdStrike outage, plus cyber pros are the top offenders when it comes to a huge cybersecurity threat -- Shadow IT.

The outage represents a loss ratio impact of roughly 3-10% on global cyber premiums of $15 billion today, insurance analytics firm CyberCube reports, signaling a potential increase in cybersecurity insurance rates.

Today's MSSP market update also includes news from the Splunk .conf24, an Ingram Micro and Spectra partnership, Microsoft Patch Tuesday and more.

Today's market news also covers NetSecurity Corporation, WatchGuard Technologies, SecurityBridge, Digital.ai, CyberArk, CISA, HITRUST and Trium Cyber.

Coalition says the MDR and vulnerability services it offers are designed to turn MSPs into MSSPs.

Gartner predicts that GenAI will reduce the cybersecurity skills gap, alleviating the talent crisis.

What if your client sues you after a cyberattack? What can you do to protect yourself from liability?