Converge Connect: Unlock Lower Premiums with Proven Qualys Security

Key Takeaways Qualys, in collaboration with Converge, has launched an offering that ties your security posture to your cyber insurance costs. The Qualys Converge Connect Insurance Report CCIR supplements manual insurance questionnaires with objective, platform-generated, real-time security data...

Unmasking the True Cost of Cyberattacks: Beyond Ransom and Recovery

Cybersecurity breaches can be devastating for both individuals and businesses alike. While many people tend to focus on understanding how and why they were targeted by such breaches, there's a larger, more pressing question: What is the true financial impact of a cyberattack? According to researc...

Liquidation condition should not factor the liquidation reward into the premiums

Lines of code Vulnerability details Summary The premiums used to determine the liquidation condition have the liquidation reward already discounted, potentially causing a lien to be considered underwater while technically it is not. Impact Positions in Particle LAMM can be liquidated if the owed...

Re-Focusing Cyber Insurance with Security Validation

The rise in the costs of data breaches, ransomware, and other cyber attacks leads to rising cyber insurance premiums and more limited cyber insurance coverage. This cyber insurance situation increases risks for organizations struggling to find coverage or facing steep increases. Some Akin Gump...

Can Business Cybersecurity Protection Outlay Offset Cybercrime Insurance?

What is cybercrime insurance? Business cybersecurity protection cybercrime insurance safeguards organizations from any financial losses relating to damage to or loss of information from, networks and IT systems. This may include reputation loss, the cost of business interruption, infringement of...

Loss of funds due to premiums and proceeds accruing to address(0) by default

Lines of code Vulnerability details Premiums and proceeds earned will accrue to the zero address by default, instead of the vault owner, and the funds will be irrecoverable. Proof of concept vaultBeneficiariesvaultId is not set during createVault, so any call to getVaultBeneficiary will return...

Race condition in exercising the options

Lines of code Vulnerability details Impact Option buyers might never exercise their options with a bad actor vault owner, hence creating trust issues to the platform since the promised functionality causes only loss of funds. Proof of Concept Alice creates a vault for her high valued NFT. Bob buy...

_doSherX optimistically assumes premiums will be paid

Handle cmichel Vulnerability details The doSherX function does not attempt to pay off the accrued premiums "pay off debt" for most tokens, only for the ones that would otherwise revert the tx: // Expensive operation, only execute to prevent tx reverts if amountsi ps.sherXUnderlying...