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“’You should certainly interact with your (cyber) insurance brokers in that regard and speak with them about the best circumstance for you,’ (PowerSchool Chief Legal Officer Michael) Bisignano” has been…
The town of Webster, NY has announced it lost more than $520,000 in a phishing attack in November, but says local police have recovered $300,000 of the stolen money and…
The pure-play insurtech Cowbell Cyber, which offers what it calls the “first continuous underwriting platform for cyber insurance,” has become a well-known brand in the cyber insurance sector since its…
It’s been a year since public companies had to start complying with new SEC cyber incident disclosure rules requiring Form 8-Ks for “material” cyber events. Law firm Paul Hastings has…
Actuaries get teased for what some outsiders see as a boring job. But a new report makes clear that actuaries are increasingly part of the interesting, sometimes even exciting, world…
Read More “The Growing Importance of Actuaries in Cyber Insurance & Cybersecurity” »
The “2024 Report on the State of Cybersecurity in the (European) Union” is the first report from the European Union Agency for Cybersecurity (ENISA) that provides an overall index of…
The European Commission has launched “infringement procedures” against a majority of its member states for failing to meet an October deadline to enact EU cyber security regulations. The regulations come…
Cyber insurance premiums will grow “15% to 20% per year to a total of about $23 billion by the end of 2026, up from about $14 billion at the end…
Read More “Cyber Re/Insurance Market To Grow Rapidly with Sustained Margins: S&P Global Ratings” »
Coverdash, the insurtech broker, is now offering cyber insurance, and other covers, to start ups and SMBs via LendingTree, the large market place for business and other loans. “This strategic…
Read More “New Cyber Insurance Option for Start Ups & SMBs from Coverdash, Via Lending Tree” »
You needn’t go far to find market projections of dramatic growth for the cyber insurance industry, such as this recent estimate of 22.60%CAGR from 2022 to 2030. Not so fast…
Read More “Ruh Roh! Swiss Re Predicts Dramatic Decline in Cyber Insurance Growth Rates” »