Cybersecurity basics are still the best risk mitigation in the 12/11/21 Risk Roundup. This is our bi-weekly TL;DR and useful snippets on topics we're watching closely.

Santa's workshop is hit by a ransomware attack, leaving the delivery of Christmas gifts in jeopardy. Can Coalition restore Santa's operations in time?

Coalition Control offers free third-party risk management and monitoring to help organizations understand the risks their supply chains pose.

Holidays bring goodwill and cheer but also an increased risk of cyber attacks. Our holiday cybersecurity checklist will help your organization stay safe online.

We predict the top 5 cybersecurity trends for 2022 using claims data, insurance applications, and more. Use our insights to enhance your risk management.

Third-party vendors have access to your network and pose unique risks that could lead to a cyber incident. Find out how Coalition cyber insurance helps.

Emerging digital risks such as service fraud and bricking pose unique threats to your organization. Find out how Coalition cyber insurance helps with recovery.

We wanted to understand the role military service played in shaping our veteran colleagues and hear their advice for other veterans transitioning to civilian life.

Coalition is excited to announce our new executive risk insurance products, Directors & Officers (D&O) and Employment Practices Liability (EPL) insurance.

CISA releases guidance for patching vulnerabilities in the 11/5/21 Risk Roundup. This is our weekly TL;DR and useful snippets on topics we're watching closely.

Many terms describe security failures but what is the difference between an incident and an attack? Read on to learn more and what tools can help.

Cyber insurance policyholders can benefit from Coalition Control, our integrated risk management platform that offers extended attack surface monitoring.

This series shares real stories from Coalition policyholders. A construction company fell victim to a data breach and had to report the incident to the DoD.

To play the sport of cybersecurity, you must incentivize your players in the 10/22/21 Risk Roundup. This is our weekly TL;DR and useful snippets on topics we're watching closely.

Healthcare organizations are increasingly the target of cyber attacks. Find out how Coalition cyber insurance helps with recovery and regulatory obligations.

We examine if insurtechs are "hype" in the 10/15/21 Risk Roundup. This is our weekly TL;DR and useful snippets on topics we're watching closely.

Securing your endpoints (network-connected devices) has evolved beyond anti-virus software. Learn about EDR how it supports zero trust cybersecurity.

This series shares real stories from Coalition policyholders. Remote access led to a ransomware attack for a general contractor.

Coalition has acquired Attune Insurance, a broker platform and managing general agency. This acquisition enables us to solve all kinds of digital risks.

Bob Wilkinson, Head of Engineering, reflects on a year at Coalition. Learn from an insider what insurtech is and how it can transform the insurance industry.

Coalition announced the results of its latest funding round in the 10/1/21 Risk Roundup. This is our weekly TL;DR and useful snippets on topics we’re watching closely.

Coalition is celebrating the 18th annual Cybersecurity Awareness Month by sharing our #BeCyberSmart tips and resources. Read on and follow us on social media.

OFAC issued an updated ransomware advisory, adding a virtual currency exchange to the sanctions list. How does this impact ransomware payments?

Coalition received $205M in additional funding from Durable Capital, T-Rowe Price, and existing investors to support its rapid growth and global expansion.

We are thrilled to announce that we're extending our Coalition API offering to our Canadian brokers to offer Coalition cyber insurance their own way.

Managing digital identities is a crucial part of cybersecurity. Learn how SSO and identity access management mitigates the dangers of separate accounts.

Cyber insurance plays a critical role in managing risk in the 9/17/21 Risk Roundup. This is our weekly TL;DR and useful snippets on topics we’re watching closely.

Meet Kelsey Davis, Software Engineer Manager at Coalition. Find out why Kelsey believes leading with honesty is important and what drew her to Coalition.

Coalition attended a White House cybersecurity meeting and is part of an industry partnership with the NIST to make the technology supply chain more secure.

Insurtech data leads to real-time results in the 9/10/21 Risk Roundup. This is our weekly TL;DR and useful snippets on topics we’re watching closely.

A ransomware attack could interrupt your BBQ in the 9/3/21 Risk Roundup. This is our weekly TL;DR and useful snippets on topics we’re watching closely.

Phishing is the most popular attack technique hackers use. Learn more about employee cybersecurity training and ways to combat even the most stealthy phish.

We expect a steady wave of cyber attacks and a hardening market to continue. See how the trends in our H1 2021 Claims Report informed our predictions.

Coalition attended the White House cybersecurity meeting in the 8/27/21 Risk Roundup. This is our weekly TL;DR and useful snippets on topics we’re watching closely.

Coalition CEO, Joshua Motta, met with President Biden to discuss cybersecurity and why stopping ransomware requires more than better technology.

Our H1 2021 Claims Report found attackers are using more dangerous tactics to access networks. See how these trends are impacting the cyber insurance industry.

Our H1 2021 Claims Report found funds transfer fraud attacks increased in severity and frequency over the last year. See how FTF is impacting the cyber insurance industry.

Divya Aggarwal describes her journey from a Document Analyst Intern to a full-time employee at Coalition. What did she learn, and how easy was the transition?

Coalition’s ability to pinpoint cyber risks and offer dedicated support is unique. Our scanning engine helps policyholders respond to the most recent Exchange vulnerability.

Flexibility is a requirement for good cybersecurity in the 8/13/21 Risk Roundup. This is our weekly TL;DR and useful snippets on topics we’re watching closely.

Attackers utilize social engineering to gain access to protected networks and data. By understanding how social engineers operate, you can take steps to stop them.

Cyber tools produce alerts, which often turn into spam. Users are exhausted, leading to cyber incidents. Luckily, there are things we can do to combat security alert fatigue.

Coalition’s unique approach to underwriting evaluates risk like a hacker. Learn more about how collaboration and data (lots of data) define our methods.

Ransomware (NDAs, prevention, and mitigation) is the hot topic of the 7/30/21 Risk Roundup. This is our weekly TL;DR and useful snippets on topics we’re watching closely.

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

Outdated IT equipment, the cloud, and limericks abound in the 7/16/21 Risk Roundup, our weekly TL;DR and useful snippets on topics we’re watching closely.

The best cybersecurity strategy requires a good defense. In the latest post in our cyber acronyms series, we explore key terms you should know to protect your organization.

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.

By now, ransomware doesn’t need much of an introduction. Are we utterly powerless in the face of ransomware? Discover cyber deception methods with Incident Response Lead Shelley Ma.

I'm finishing my first month at Coalition as CMO. It’s been a fun new adventure after leading marketing teams at Salesforce and Splunk. Here's how it's going so far.

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.

What are the design challenges at Coalition? Within our products, we like to break our problems into two areas of design — information design and application design.

Meet Shelley Ma, Incident Response Lead at Coalition. Find out why Shelley is so passionate about helping mitigate cyber risk and catching attackers before they commit a cyber crime.

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.

An increasing number of articles on the topic would have you believe so, and is a question we’ve long pondered as one of the larger providers of cyber insurance in North America.

Last year we experienced exceptional growth and worked hard to strengthen our company culture. We are deeply pleased to announce we’ve made the list of Inc.’s Best Workplaces 2021.

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.

Meet Ketan Nayak, Product Lead at Coalition. Find out why Ketan is passionate about creating user-centric solutions that align with our mission to solve risk.

Facebook was recently hacked. Let's explain what credential theft is and the techniques bad actors use to steal personal information. Plus, what you can do to protect yourself.

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.

Swiss Re has been a partner since our launch in 2018, and they have strengthened their commitment following our strong growth and performance.

Microsoft announced it had detected multiple exploits being used to attack on-premises versions of Microsoft Exchange Server in limited and targeted attacks. What you need to know.

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.

We’ve compiled a list of common cybersecurity and cyber insurance acronyms, along with simple explanations and key takeaways to help you tackle these risks.

The Coalition Cybersecurity Checklist includes a detailed, easy-to-follow list of steps you can take today to protect your organization where it matters most.

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.

The Canadian federal government recently outlined a new privacy bill that is set to be put in front of the Canadian legislature in 2021. It can be hard to keep up, but Coalition has you covered.

Coalition has two new technology solutions for its partners. Introducing the Coalition API for easy integration and Partner Portals for a faster way to offer insurance.

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.

California voters passed Proposition 24, a ballot measure that amends the CCPA, now known as the California Privacy Rights Act of 2020 (CPRA). What you should know.

Coalition is excited to announce a partnership with Twingate, an alternative to the outdated virtual private networks (VPNs) many of us depend on today.

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.

For the last six years, I was the General Manager for CloudWatch and X-Ray at Amazon Web Services.

How Coalition integrated technology variables, traditional rating factors, and mathematical methods to file one of the first admitted cyber products in the state of Florida.

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.

We're excited to announce that Coalition raised $90 million in equity capital to fuel its mission to solve cyber risk, and support its rapid growth and global expansion.

What’s unique about cyber risk is that it is inherently global. The free tools, technology, and intelligence that protect all of our US-based policyholders are just as applicable to entities based outside the US. As of May 2020, we’ve launched in Canada!

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

Ransomware continues to be one of the largest areas of cybersecurity claims for businesses and local governments. Over the past few weeks, we have witnessed a spike in ransomware infections and claims across Coalition insureds – and we project the number and frequency to continue to rise

Carrots never tasted so good. 🥕 Incentives are important, and we’re happy to announce our newest “carrot” for Coalition policyholders: the Multi-Factor Authentication (MFA) Retention Reduction endorsement. That’s a mouthful, but it’s simple. We’re happy to reward good security practice, and MFA (or 2FA) is not just good security practice -- it’s great security practice. Multi-Factor Authentication is a security measure that adds a layer of protection to systems by requiring at least one add

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

This article originally appeared in Advisen FPN on October 23, 2018. From the hacker’s perspective, it’s the perfect crime. Cyber criminals use your organization’s computing power to mine cryptocurrency, without you even realizing you’ve been compromised. Maybe you notice that your organization's computers are running slower and more sluggishly than usual. Perhaps you receive an unusually high bill from one of your web services providers. There’s no data loss, no business interruption, none of

At Coalition, we’re always ready to catch up with customers, brokers, and everyone else interested in solving cyber risk. Really... try us [https://www.coalitioninc.com/contact]. Over the next several weeks, at different events, you can find us in person around the United States sharing some of what we know and are learning from businesses far and wide. If you’ll be at one of these events, or are nearby and want to connect with someone from Coalition, let us know. Oh, and we are hiring [https:

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

In this installment of our blog we ask the age-old insurance question: Is it covered? As you may have read in our last post [https://www.coalitioninc.com/blog/cyber-meltdown-and-the-spectre-of-uninsurable-risk/] , two major security flaws were recently discovered in the processors that power nearly all of the world’s computers. The two techniques discovered to exploit these flaws, nicknamed Meltdown [https://meltdownattack.com/] and Spectre [https://spectreattack.com/], could allow hackers to s

It’s been an awfully eventful start to the New Year. In case you’ve missed the news, two major security flaws have been discovered in the processors that power nearly all of the world’s computers. The two techniques discovered to exploit these flaws, nicknamed Meltdown [https://meltdownattack.com/] and Spectre [https://spectreattack.com/], could allow hackers to steal data and secrets from any vulnerable computer, including mobile devices. Because the flaws are with the computer processor itself

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