quotes
The U.S. is far and away the region with the highest rates of cyber insurance adoption, so I am guessing that this will be a bigger event for the cyber insurance industry both in terms of how many claims are filed and how big they are,
Wolff saidIt's still pretty early to assess the volume of claims that insurers are going to see due to CrowdStrike, but I sense that there will be a lot of business interruption claims across all industry sectors, just based on the impacts we've seen covered in the news, and that it will be a very bad situation for insurers,
Wolff said
eight posts
Insured losses from CrowdStrike outage could reach $1.5 billion, CyberCube says
CNAInsured Losses From CrowdStrike Outage Could Top $1.5B
NewsmaxCrowdStrike losses may be biggest test yet of cybersecurity insurance risk warning from Warren Buffett
NBC NewsCrowdStrike losses may be biggest test yet of cybersecurity insurance risk warning from Warren Buffett
CNBCFortune 500 firms to see $5.4 billion in CrowdStrike losses, says insurer Parametrix
CNAMicrosoft says EU rules made CrowdStrike outage possible
MashableMicrosoft blames EU red-tape for global IT meltdown: Tech giant says agreement with European Commission prevented it from making security changes that would have blocked CrowdStrike update
Daily MailBeazley says has no plans to change guidance after mass IT outage
CNA