Ransomware has shaken the cyber insurance market and felled companies of all sizes, but smaller attacks still pose a danger to your organization and its data.

Remote work, regulations, and cybercrime have rocked the cyber insurance industry. The 2021 market is a storm, but Coalition's approach is different.

Our 2021 Cyber Insurance Claims Report explores top cybersecurity trends and threats facing organizations today: BEC, FTF, ransomware, and small business as targets.

It's all about data: underwriting, backups, and avoiding phishing in the 7/23/21 Risk Roundup, our weekly TL;DR and useful snippets on topics we’re watching closely

Property insurance requires you to assess your business locations. Cyber coverage is no different; that's why we assess all domains to evaluate your risk.

To enable organizations to control their cyber risk, Coalition recently concluded our inaugural Security Week with internal and external security and claims partners.

We examine hotel management software provider Techotel's decision to live blog its ransomware attack and document its journey to bring its critical systems back online.

Are you easily distracted by the latest infosec shiny object, or are you a skeptic? Find out in the 7/9/21 Risk Roundup, our weekly TL;DR and useful snippets on topics we’re watching closely.

Coalition generates billions of scanning events monthly. We gained insights from the 5,000 fastest-growing companies — learn how similar data found in Coalition Control could benefit your organization.

Leading solutions providers including Okta, SentinelOne, and Malwarebytes will discuss a wide range of cybersecurity topics and best practices for controlling risk in a dynamic and challenging IT environment.

Kaseya, a remote management solution typically used by MSPs in the United States was the victim of a ransomware attack executed on 7/1/21. Coalition policyholders should take remediation steps immediately.

Are you an early adopter or a cyber dinosaur? Find out in the 7/2/21 Risk Roundup: our weekly TL;DR and useful snippets on topics we're watching closely.

This series shares real stories from Coalition policyholders. A medical company was hit with a new, more threatening ransomware called HelloKitty. See why it's so dangerous.

New tech is worthy of promotion, but when buzzwords and FOMO define purchasing decisions, your cybersecurity program is likely to be a patchwork affair of half-useful tools. 

Insurance providers compete to win clients amidst changing market conditions. Data science can help by predicting the likelihood of winning new clients. 

As the cybersecurity landscape evolves and attacks become harder to detect, endpoints are left incredibly vulnerable. Find out what EDR solutions we recommend to mitigate the risk.

A critical component for all businesses, email is also among the least secure. A payment request was part of a plan to steal nearly $1.3M from an early childhood education center.

Throughout 2020 we often heard the word unprecedented, seemingly in excess. Cybersecurity challenges are outlined in the 2021 Verizon Data Breach and Investigations Report.

The first step in building a great cybersecurity culture is to socialize your vulnerabilities. No stigma, no drama, just working together to control risk.

We’re delighted to announce today that SentinelOne has joined Coalition’s partner technology program to help scale incident response and offer their industry-leading endpoint detection and response solutions to Coalition policyholders.

Understanding the value of culture, we wanted to understand the role cultural heritage plays in shaping our AAPI colleagues and how it influenced their view of the world.

Not all web assets pose equal risks to an organization's cybersecurity. Here at Coalition, we are thinking about how to categorize web assets at scale. Thoughtfully ‘contextualizing’ web assets helps our clients better understand their cyber risk.

We want to give organizations of any size the right tools to understand the risks they are exposed to and better protect themselves. This is Coalition Control.

We’re excited to announce a partnership with Okta, the leading independent identity provider. Okta supports small businesses with SSO, universal directory, and MFA.

We underwrite based on our detailed assessment of an applicant’s technology, as opposed to a cookie-cutter requirement that certain industries or company sizes fall into.

There isn’t a single day that we aren’t helping our customers recover from and remain resilient on their own worst days. This is how we responded to the recent Codecov breach.

This series shares real stories from Coalition policyholders who navigated a cyber insurance claim. This manufacturer made a pandemic pivot and was hit with ransomware. We helped them recover from property damage.

Coalition’s ability to pinpoint cyber risks and offer dedicated support is unique. Here is how we responded to recent Microsoft Exchange vulnerabilities and the actions we took to protect our policyholders.

Security is fast-paced, and the terminology is a challenge. Here are some key cybersecurity acronyms you should know: OSINT, IOC, TTP, and C2.

Bob Wilkinson, Head of Engineering, just hit his 6-month mark at Coalition. He went from FAANG to a high-growth startup. He's not looking back. What has he learned?

Canadian income tax filing deadlines are coming up (4/30), and COVID-19 continues to interrupt everyday life. Unfortunately, scammers are taking advantage. Learn how to protect yourself.

Shelley Ma, Incident Response Lead at Coalition, thought she would study forensic biology — until she met digital forensics. Let her walk you through a digital crime scene.

New York's DFS acknowledges the importance of cyber insurance and asserts that “cyber insurance plays a key role in managing and reducing cyber risk.”

Meet Jonathan ‘JT’ Thomas, a former broker turned Coalition Customer Success leader. Get to know JT and find out what sets our Customer Success team apart.

We’re pleased to announce that we closed an additional funding round led by Index Ventures and General Atlantic bringing our total funding to $300 million.

Despite changing cyber insurance market conditions, Coalition remains an industry leader, with lower claims frequency and loss ratio when compared to other carriers.

Meet Emily Agramonte, a key member of Coalition's Business Development team. She’s had a passion for helping people manage risk from day one. This is her story.

Imagine you have the opportunity to sit down with your future hacker. What would they say? We know: enable Two-factor Authentication (2FA) and avoid funds transfer fraud.

We just announced a multi-year partnership with Arch Insurance North America, which provides us with long-term capacity for our U.S. and Canada Cyber and Tech E&O programs.

A recent cyber attack against a Florida water treatment facility shows the extreme dangers of remote access connected to the internet and reusing passwords.

By relying on cloud services and their vendor partners, you are opening yourself up to more risk — risk you can’t control. It's known as supply chain risk.

With cyber incidents, time matters, and the readiness of the response to the threat can be the difference between a non-event or widespread access to your network.

2020 was busy at Coalition. We expanded our tools to help brokers, launched new cybersecurity solutions and partnerships, and expanded to new geographies.

Due to the partnership between Coalition and Malwarebytes, we were given notice of an attack on Malwarebytes’ Microsoft 365 and Azure environment. Details here:

Mimecast, a provider of email security products and services, disclosed a security incident that impacts Microsoft 365 email users. Here is what you should know:

The 2021 Coalition Cybersecurity Guide is designed for small businesses who want specific and actionable recommendations to protect their organization from cyber threats.

This week, the US government fell victim to a cyber attack — not for the first time. And just one week earlier, a major cybersecurity and forensics company announced they'd been compromised as well. It’s been a busy week in the cybersecurity industry!

The new IoT Cybersecurity Improvement Act offers guidelines to manufacturers regarding the standards needed for IoT devices, which Coalition's policy covers.

Coalition joins a list of companies that are using AWS to change the face of financial services. AWS gives us the confidence we need to focus on our own core business value.

We've eliminated out-of-pocket security and forensics services costs for policyholders facing a cyber claim. Because we share the same goal — solve cyber risk.

This series shares real stories from Coalition policyholders who navigated a cyber insurance claim. Read on to see how we helped this manufacturing company recover from a ransomware attack.

We are always looking for new ways to expand the types of data, services, and vulnerabilities we scan for. We just added two new ways to keep our customers secure: JARM and SMB.

Coalition is proud to announce a partnership with Malwarebytes, a leading provider of advanced endpoint protection and remediation solutions. Learn more.

This series shares real stories from Coalition policyholders who navigated a cyber insurance claim. Read on to see how we helped this organization successfully tackle a DDoS attack.

Thanks to a new attack method, Office 365 email users are still vulnerable even if they use multi-factor authentication (MFA). Here’s what you need to know.

We’ve packaged data from our new Claims Calculator and Coalition Risk Assessment into a client-ready document with personalized security recommendations.

Regardless of the nature of the cyber event or size of the company, affordability is always a crucial factor. Here is how you can avoid the cyber credit crunch after an attack.

This is how we plan to build a world-class engineering culture at Coalition that is capable of scaling with our customers, products, and team.

When looking at ransomware advisories, like OFAC's latest, one thing is clear: ransomware is on the rise and not going away any time soon — but can you pay the ransom?

Scanning the internet is a huge task. I was asked to improve our ability to detect and communicate with exposed SMB services. It was slow, so I made the process faster.

Cybersecurity is a tough risk to quantify (let alone understand) because most business owners and risk managers aren’t experts, and this risk is invisible and incredibly technical.

Sender Policy Framework (SPF) helps servers verify that email messages appearing to come from a particular domain are legitimate.

Remote Desktop Protocol (RDP) is the prevailing indicator concerning ransomware claims, and data shows that companies are specifically targeted due to the mere presence of RDP.

Our 2020 Cyber Insurance Claims Report explores top cybersecurity trends and threats facing organizations today, in addition to the impact of COVID-19 on cyber insurance claims.

CB Insights has unveiled the Fintech 250 — a list of 250 of the top private fintech companies using technology to transform financial services. We are happy to announce that Coalition has made the list!

Ransomware events are dangerous. While it's best to avoid infections in the first place, the best way to recover from an attack is by having good backups.

While Coalition’s claims team sees a variety of cyber events on a daily basis, we understand that the quickest way to monetize the crime will always be the most common. During the COVID-19 pandemic, the crime of choice is funds transfer fraud by way of email intrusion.

The hallmark of a great (cyber) insurance policy is that it is broadly written to cover every imaginable loss scenario — yes, including those arising from a pandemic! — while clearly defining which scenarios are excluded from coverage.

Data tells us the state of policyholders' risk exposure, potential vectors of attack when a claim is filed, and shows us trends and accumulation in our books. Data is a large part of our DNA.

Best practices for your team to stay productive and secure while working remotely

Best practices for your team to stay productive and secure while working remotely

Coalition has acquired BinaryEdge, the leading security and threat intelligence provider. This acquisition enables us to improve our cyber insurance underwriting capabilities and provide free, real-time security monitoring to Coalition policyholders.

If a corporation with the resources of Capital One can't protect their network, how can any other business be expected to? This is the harsh reality confronting small and mid-size business owners. A single mistake can be costly...even company-ending.

Over the past few months, we’ve been working with some of the world’s leading security training vendors in search of the best fit for our insureds. Our goal was simple: to find the most engaging security awareness training to help our insureds stay safe. Today we're excited to announce [https://www.coalitioninc.com/announcements/coalition-partners-with-curricula-to-bring-effective-security-awareness-training-to-cyber-insurance-policyholders] a new partnership with security awareness training ve

Dear extended Coalition team, We’re excited to announce today that we’ve received a $40M investment from leading global investment firms Ribbit Capital, Greenoaks Capital, and Hillhouse Capital, with participation from all of our existing investors.

The core requirement of any risk-taking insurance platform is the ability to accurately and consistently score the risk of a potential insurance policy. Despite the buzz about artificial intelligence replacing traditional insurance underwriting, we believe best-in-class underwriting in cyber is achieved by combining human expertise with algorithmic decision-making. Active Learning [https://en.wikipedia.org/wiki/Active_learning_(machine_learning)] is a subset of machine learning where the algorit

Another day, another data breach. This past Friday Marriott International revealed that hackers had breached its Starwood reservation system as far back as 2014 and had stolen the personal data of up to 500 million guests. In the aftermath, Senator Ed Markey of Massachusetts described data breaches as "a black cloud hanging over the United States' bright economic horizon." So black that another Senator, Ron Wyden of Oregon, went on to declare that "until companies like Marriott feel the threat o

We're excited to announce that we’ve been named to this year’s CB Insights’ Fintech 250 [https://www.cbinsights.com/research/report/fintech-250-startups-most-promising/] list, a prestigious group of the most promising companies working on financial technology across the globe. We’re humbled to be included among thirty fintech unicorns (i.e., companies valued at over $1bn) and as one of only twenty other Insurance companies. Naturally, this wouldn’t have been possible without the support of ou

Today, Coalition's mission to Solve Cyber Risk just got a big boost. 10,000 insurance agencies, all Big “I” members, will have access to Coalition's coverage and tools for the millions of businesses they serve. The Independent Insurance Agents and Brokers of America (IIABA or the Big “I”) was founded in 1896. But this influential organization keeps up with the ever-changing marketplace, and selected Coalition (founded 2017) as the solution for today's most dynamic challenge: cyber risk. Here

We're pleased to present the first in a series of practical security posts for our policyholders. Despite an explosion of cybersecurity buzzwords ranging from anomaly detection to next generation anti-virus, our claims data and experience reveal that simple security measures are often the most effective. This week we turn our focus to password security. Most computer systems rely on passwords, and all the cybersecurity in the world won't help you if someone knows or guesses your password. Advi

It's too soon to know the outcome, but we're honored to have been nominated by our insurance industry peers as the "Cyber Newcomer of the Year" at this year's Advisen Cyber Risk Awards [https://www.advisenltd.com/2018-cyber-risk-awards/]. And newcomers we are - both as a company and a team. It was only a year ago that Coalition was founded with a mission to solve cyber risk, and to help protect businesses from the many risk exposures that accompany technology. Now, only a few months after go

Dear extended Coalition team, We’re thrilled to announce [https://www.coalitioninc.com/announcements/cyber-insurer-coalition-raises-10-million-to-solve-cyber-risk-for-smbs-2018-feb-28] some news: we’ve received a $10M Series A investment from leading global investment firms Vy Capital, Ribbit Capital, and Valor Equity Partners, as well as notable technologists such as Sam Altman (President of Y Combinator) and Deep Nishar (former Head of Product at LinkedIn, and current Senior Managing Directo

Today we announced [https://www.coalitioninc.com/announcements/hackerone-joins-forces-with-coalition-to-bring-hacker-powered-security-to-cyber-insurance-policyholders-2018-feb-13] the HackerOne Response app in partnership with HackerOne [https://www.hackerone.com], another tool in the growing cyber risk management platform [https://www.coalitioninc.com/cybersecurity] offered to all Coalition policyholders. This new app allows any organization to receive and respond to security vulnerabilities

Dark Reading, long one of the most widely-read cyber security news sites on the web, recently ran a story warning of the “10 Costs Your Cyber Insurance Policy May Not Cover [https://www.darkreading.com/risk/10-costs-your-cyber-insurance-policy-may-not-cover/d/d-id/1330888] .” We noticed this as well. Most cyber insurance policies simply do not cover many of the real-world risk exposures companies face as they embrace technology (and all of its consequences). This is one of the reasons why we fou

Out of service. Under repair. Broken. It’s a frustrating message to encounter. But far more frustrating is when something works, though not in the way we know it could. Without an obvious problem, there is no immediate fix or resolution. Instead, we carry on with the status quo and settle for the unremarkable. Welcome to insurance Insurance was introduced in the United States in the 1700s and, since that time, not much has changed. And for good reason. Insurance does work, just not in the way i

It may feel like an oxymoron, but innovation in insurance is possible. I’ve built my career on this belief as the leader of the Technology Practices at Aon and Crystal & Company. However, with few exceptions, “innovation” and “insurance” are rarely found in the same sentence. In an industry characterized by conservatism, discipline, and a natural aversion to risk, this belief has helped me to push the boundaries of what our industry is capable of. It has pushed me to ask, “how can we do this bet

Background: the initial focus of Coalition is a cyber insurance product that provides the most comprehensive coverage for risks posed by the digitization of everything. However, you may not be aware that our long term plan is to democratize access to the technology and services needed to prevent loss in the first place (we're off to a good start [https://www.coalitioninc.com/cybersecurity]!), and to mitigate and recover from it when it occurs. This is because the overarching purpose of Coalition