The Source for Cyber Insurance News, Insights and Data
A new Omega Systems report shows most practices trust vendors they never monitor. For underwriters, the louder medical practice cyber risk alarm is what leaders admit about their own compliance. Most healthcare practices suffered a vendor-driven disruption last year. And on that third-party risk in healthcare. Few are watching the vendors that caused it. A … Read more
A breach can shut a business down for months. Marsh wants insurers paying for that downtime in days, not after the recovery is over. Ransomware does not just lock files. It stops the business. AXA XL’s own claims data found 92% of ransomware incidents caused a business interruption, and the average company needed about two … Read more
The NCSC now links most attacks on UK critical infrastructure to hostile states. That collides with how cyber policies handle war. A utility goes dark. And the darkness cascades. Investigators trace the intrusion to a hostile state. Then the cyber insurer turns to its war exclusion. That sequence is now the central question for critical … Read more
Most cyber policies carry no AI exclusion. New Willis claims data shows they still leave some of the likeliest AI losses uncovered. AI-related threats demand a deeper look at what is covered. An attacker poisons your AI model. You spend millions rebuilding it. Then your cyber insurer declines the claim. That gap sits at the … Read more
A manufacturer whose devices touch millions of patients a year gets hit by a cyberattack. Ordering, manufacturing, and shipping are disrupted. Some patient-specific procedures are rescheduled. Suddenly, a surgery schedule is no longer just tied to hospital capacity or clinical need; it is tied to the recovery timeline of a hacked supplier. This is the … Read more