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Cyber Intelligence Newsletter 


October 2023




A newsletter dedicated to exploring the latest cyber trends, market updates and critical cyber risk & security considerations that are of the highest relevance to our clients and colleagues. Please reach out to your Alliant Cyber team for more information on any of the content in this newsletter, or to discuss any client cyber-related matters you have.

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October is Cybersecurity Awareness Month!

According to Cybersecurity Ventures, cybercrime costs are expected to grow 15 percent per year over the next five years, reaching $10.5 trillion USD annually by 2025. Cybersecurity Awareness is now a year-long undertaking. Alliant continues to help raise awareness about the importance of cybersecurity, ensuring all organizations have the resources they need to find The More Rewarding Way to Manage Risk.

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Featured Content from the Executive Liability Insights Newsletter:

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A federal judge ruled against a retailer in a lawsuit arising out of a data breach involving stolen payment card information, concluding that an exclusion for the theft of electronic data served to bar coverage under the retailer’s Commercial General Liability policies.

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The Fourth Circuit vacated a lower court’s order granting class certification in litigation stemming from a major hotel group’s 2018 data breach, affecting roughly 133 million customers, based on the failure to consider the effect of a class action waiver.

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How Does Privilege Access Management Impact Your Insurability? The webinar will feature a discussion between cyber security and insurance industry specialists who will highlight the importance and practicality of implementing Privilege Access Management technology for both cyber insurability and overall cyber resilience. November 7, 2023 | 7:30AM PT / 10:30AM ET

Register Today!
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Alliant Cyber Podcasts

Our Alliant podcasters have a great lineup of topics that cover a range of issues, including ransomware, social engineering and cyber risk management. Never miss a cyber podcast by subscribing to the Alliant Insurance Podcasts wherever you listen to podcasts!

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