The American Property Casualty Insurance Association and CyberAcuView have called for an efficient cyber insurance market, amidst concerns about systemic risk and premium price increases. The two parties co-published a research paper, which argued that an effective market requires a regulatory framework that is consistently flexible and not overly restrictive for insurers. Demand for cyber insurance is set to double annually, but some insurers are limiting capacity growth due to concerns about systemic cyber events.
A Trojan-Proxy, hidden in cracked software available on unauthorized websites, has been identified by cyber security researchers. The Trojan, capable of compromising devices, is distributed