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The Securities and Exchange Commission (SEC) has sued SolarWinds Corporation, the software company, and its chief information security officer, Timothy G. Brown, for fraud and internal control failures in relation…
Travelers Companies, Inc. (NYSE: TRV) plans to acquire Corvus Insurance Holdings, Inc. for roughly $435 million. Corvus, a cyber insurance managing general underwriter known for its proprietary technology, will provide…
Cowbell has reported impressive growth in 2023, marking a 49% increase in its new customer base year-over-year. A significant financial milestone accompanies this momentum. The company secured $25 million in…
As in the US, the discussion turns on the threat of a catastrophic “systemic” cyber attack, which could generate $3.5 trillion in “global economic damage” according to a recent model…
Read More “Brits Debate Government Backstop to Cyber Insurance Industry” »
In the third quarter of 2023, global commercial insurance prices continued their upward trajectory, increasing by 3%, mirroring the previous quarter’s data. This insight emerges from the latest Global Insurance…
Read More “Global Cyber Insurance Prices Decrease in Q3 2023” »
In today’s digital age, cyber threats loom large, affecting businesses and individuals alike. While companies employ multiple layers of security to safeguard their operations, consumers often find themselves with limited…
Read More “TransUnion To Bolster Cyber Insurance Protection” »