🏥 Even as surges in the pandemic waned, threat actors still prioritized attacks on healthcare providers. While the industry grappled with an onslaught of attacks, they followed the advice of cybersecurity experts to step up their cyber hygiene: https://lnkd.in/gAD7Fae5 #Ransomware #Cybersecurity #CyberInsurance
Corvus Insurance
Insurance
Boston, Massachusetts 14,424 followers
Built for cyber risk
About us
At Corvus, we specialize in cyber insurance. From our dedicated underwriting team to our proprietary data and technology, everything we’ve built is made to manage cyber risk. As a wholly owned subsidiary of Travelers Insurance, Corvus offers market-leading innovation backed by proven financial stability. Our Smart Cyber Insurance® and Smart Tech E+O® products are written on Travelers paper, with an AM Best Financial Strength Rating of A++ (Superior). Every Corvus policy includes on-demand access to cyber experts, easy-to-use digital tools for policy management and proactive risk mitigation, and industry-leading intelligence on the latest threats. We offer insurance products in the U.S., Middle East, Europe, Canada, and Australia. Founded in 2017, Corvus is headquartered in Boston, Massachusetts with offices across the U.S., UK, and Germany. For more information, visit corvusinsurance.com.
- Website
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http://corvusinsurance.com
External link for Corvus Insurance
- Industry
- Insurance
- Company size
- 201-500 employees
- Headquarters
- Boston, Massachusetts
- Type
- Privately Held
- Founded
- 2017
- Specialties
- InsurTech, Artificial Intelligence, Breach Response, Underwriting, Tech E&O, Tech E&O insurance, Software, Software as a Service, Insurance, Smart Insurance, Cyber Insurance, Risk Management, Commercial Insurance, reinsurance, partnerships, and Cyber Security
Locations
Employees at Corvus Insurance
Updates
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Corvus Insurance reposted this
📰 The results are in. The 2024 Travelers Risk Index found that cyber risks are the top concern among business leaders. According to our new report, participants ranked cyber risks ahead of medical cost inflation and increasing employee benefits costs. Learn more: https://travl.rs/47UjZbb #Cybersecurity
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As the ALPHV (BlackCat) ransomware group faded away in Q1, new groups like PLAY, Medusa, and others emerged in Q2, while law enforcement's crackdown on LockBit, including sanctions against its leader, has hindered the group's operations and cast doubt on its future activity. Get the full scoop on the latest ransomware groups to look out for in our quarterly ransomware report: https://lnkd.in/g_Ch84XB #Ransomware #ThreatGroups #CyberThreat
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Will you be joining us at the NetDiligence® Cyber Risk Summit in a couple weeks? We're excited for the chance to connect face-to-face with industry colleagues and to discuss how Corvus provides innovative solutions for cyber risk. 🚀 Let us know we'll see you there: https://lnkd.in/eHcYiRF2 For the full agenda, visit: https://lnkd.in/efsT_cfh #CyberRisk #CyberInsurance #CyberCoverage
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Are you heading to San Diego for the WSIA (Wholesale & Specialty Insurance Association) Insurance Association's Annual Marketplace next week? This event is set to be dynamic, engaging, and highly rewarding. We're eager to connect with insurance producers to explore new opportunities for collaboration and innovation. Hope to see you there! #WSIA #InsuranceNetworking #CyberInsurance
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Corvus policyholders with backup strategies had 72% lower median ransomware claim costs, but backups alone don't eliminate risk, as 93% of ransomware incidents in 2024 involved data theft, leading to potential double-extortion schemes. In our quarterly ransomware report, we explore the ransomware landscape and how the rest of the year is trending: https://lnkd.in/g_Ch84XB #Ransomware #CyberInsurance #Cybersecurity
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Join Jaime Palumbo and other industry experts at the NetDiligence® CyberRisk Summit in Philadelphia next month! They'll be giving an update on 2024 claims and losses so you can get the most up-to-date intel. Hope to see you there! 👋 #CyberRisk #CyberInsurance #CyberCoverage
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🏥 Even as surges in the pandemic waned, threat actors still prioritized attacks on healthcare providers. While the industry grappled with an onslaught of attacks, they followed the advice of cybersecurity experts to step up their cyber hygiene: https://lnkd.in/gAD7Fae5 #Ransomware #Cybersecurity #CyberInsurance
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TOMORROW, join this webinar with Jason Rebholz, Ryan Bell, James Berry, and Erin Heiser to dive deep into the latest data and analysis from our Q2 ransomware report. Takeaways from the report include: 🚨 Ransom leaksites recorded their second-highest quarter ever by volume of victims posted. 🚨 Corvus observed a staggering 102% quarter-over-quarter increase in the average ransom demand. 🚨 Corvus claims data revealed a 19% year-over-year increase in third-party breaches. Register now to stay ahead of the curve: https://lnkd.in/gY_pKi64 #Ransomware #Cybersecurity #CyberInsurance
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🧑💻 Threat actors know personal data is where the money is. That’s the problem regulators, privacy advocates, and in turn, the cyber insurance market faces right now. As regulators crack down and statutes evolve, wrongful collection of data claims are increasing rapidly. How can brokers and cyber insurance carriers work together to provide the best solutions for clients in the throes of varying state and federal laws? We explain in our blog: https://lnkd.in/dSpXswib #ThreatActors #DataCollection #CyberClaims