Attacks/Breaches

10/24/2017
02:20 PM
50%
50%

New Cybercrime Insurance Policy Protects the 'High Net Worth' Set

Rubica is offering its active subscribers a $1 million cybersecurity insurance policy via its partner PURE Starling.

Private network security company Rubica has partnered with PURE Starling to offer its active individual subscribers a $1 million cybersecurity insurance policy.

The policy, which carries an annual $1,000 premium, has a $100,000 sub-limit for system attacks and purchasers can have no prior fraud or cyber incidents in the past 24 months.

Under the policy, which the organizations say is geared for "responsible high net worth individuals and families," PURE Starling will reimburse Rubica subscribers whether their attack happened online or offline. The attacks include social engineering, ransomware, and unauthorized payment transfers. The policy will cover such expenses as hiring a professional to remove malicious code, to reconfiguring a system that has been lost or compromised.

In addition to teaming with Rubica, PURE Starling is also offering its homeowner policyholders the ability to add an endorsement to cover these losses up to $100,000 with a $500 premium, or a $250,000 policy with a $100,000 systems attack sub-limit, with a $1,000 premium.

Read more about Rubica's cybersecurity insurance partnership here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
RyanSepe
50%
50%
RyanSepe,
User Rank: Ninja
10/25/2017 | 6:46:35 AM
Policy Criteria
I'd still be interested to see the policy criteria. Typically as a consumer you would want the verbiage to be generic. Cybersecurity policies are well-known for using distint verbiage to render the policy unclaimable pending a cyber event.
6 Security Trends for 2018/2019
Curtis Franklin Jr., Senior Editor at Dark Reading,  10/15/2018
WSJ Report: Facebook Breach the Work of Spammers, Not Nation-State Actors
Curtis Franklin Jr., Senior Editor at Dark Reading,  10/19/2018
4 Ways to Fight the Email Security Threat
Asaf Cidon, Vice President, Content Security Services, at Barracuda Networks,  10/15/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Latest Comment: Too funny!
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.